Answers updated to pass
1. goal desired future state that the organization attempts to realize
2. plan a blueprint for goal achievement and specifies the necessary resource
allocations, schedules, tasks, and other actions
3. 4 levels of operational goals/plans (lower management)
goals/plans (from tactical goals/plans (middle management)
bottom to strategic goals/plans (senior
top) management) mission statement
4. examples of 4 lev- operational- departments/individuals
els of goals/planstactical- major divisions/functions
strategic- organization as a
whole
5. 5 steps to
the Organiza- 1. Develop the Plan
tional Planning 2. Translate the Plan
Process 3. Plan Operations
4. Execute the Plan
5. Monitor and Learn
6. example of step 1 define mission/vision
of org plan pro set goals
7. example of step 2 define tactical plans and objectives
of org plan pro develop strategy map
define contingency plans and scenarios
identify intelligence teams
8. example of step 3 define operational goals and plans
of org plan pro select measures and targets
set stretch goals
crisis planning
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, MBA 600 Exam 1 Questions With All Correct
Answers updated to pass
9. example of step 4 management by objectives
of org plan pro performance dashboards
single use plans
decentralized
responsibility
10. Organizatio
nal mission the organization's reason for existence
11. Strategic goals oflcial goals, broad statements describing the organization's future
12. Strategic plans define the action steps the company will take
13. how are using a strategy map
goals
aligned?
Direct employees and resources
14. operational Guide toward eflcient and ettective
plan- ning performance Includes planning approaches:
Management-by-Objectives
(MBO) Single-Use Plans
Standing Plans
specific and
15. characteristics measurable linked to
of effective rewards challenging
goals but realistic cover key
result areas have
defined time period
16. MBO process defined in 1954 by Peter Drucker; method for defining goals and
monitoring
performance
17. steps in process
MBO
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