Test 2 BMGT 152 RNI questions well
answered passed
Which one of the following alternatives lists the planning steps in proper order? - correct
answer ✔✔Define objectives, determine current standing relative to objectives, develop
premises regarding future conditions, analyze and choose among possible action alternatives,
and implement the plan and evaluate results.
Which of the following statements about focus is correct? - correct answer ✔✔All of the
statement below:
- An organization with focus knows what it does best.
- An organization with focus knows the needs of its customers and knows how to serve them
well.
- An individual with focus knows where he or she wants to go in a career or situation and is able
to retain that objective even in difficult circumstances.
Which of the following statements about flexibility is/are correct? - correct answer ✔✔All of the
statement below:
- An organization with flexibility is willing and able to change and adapt.
- An organization with flexibility operates with an orientation toward the future.
- An individual with flexibility adjust career plans to fit new and developing opportunities.
According to Covey, good planning helps an organization to be: - correct answer ✔✔Priority
oriented, results oriented, advantage oriented, change oriented.
Good time management includes all of the following except: - correct answer ✔✔Do not leave
details for others to address or for later.
, Which of the following statements accurately describe planning time horizons? - correct answer
✔✔All of the statement below:
- Short-range plans cover one year or less into the future.
- Intermediate-range plans cover a time frame of one to two years into the future.
- Long-range plans cover a time frame of three or more years into the future.
Company LMN, a toy manufacturer, has discovered that one of its suppliers has used lead based
paint on one of its products. It is Thanksgiving week. The Executive committee has assembled a
team to devise a plan to mitigate the issue. LMN is using ____________. - correct answer
✔✔Tactical planning
All of the following are examples of functional plans except: - correct answer ✔✔Operational
plans
How are strategic plans and operational plans related? - correct answer ✔✔Strategic plans are
developed to address long-term organizational objectives; operational plans implement
strategic plans.
Typical operational plans in a business would include all of the following EXCEPT: - correct
answer ✔✔Dealing with company growth through mergers and acquisitions.
Production plans, financial plans, facilities plans, marketing plans, and human resource plans are
all examples of __________ plans. - correct answer ✔✔Operational
Which of the following statements best distinguishes between procedures and policies? -
correct answer ✔✔Procedures present a plan of action for specific situations; policies are broad
guidelines.
According to the text, the major opportunities for developing competitive advantage have
traditionally included all of the following except: - correct answer ✔✔Social progress.
answered passed
Which one of the following alternatives lists the planning steps in proper order? - correct
answer ✔✔Define objectives, determine current standing relative to objectives, develop
premises regarding future conditions, analyze and choose among possible action alternatives,
and implement the plan and evaluate results.
Which of the following statements about focus is correct? - correct answer ✔✔All of the
statement below:
- An organization with focus knows what it does best.
- An organization with focus knows the needs of its customers and knows how to serve them
well.
- An individual with focus knows where he or she wants to go in a career or situation and is able
to retain that objective even in difficult circumstances.
Which of the following statements about flexibility is/are correct? - correct answer ✔✔All of the
statement below:
- An organization with flexibility is willing and able to change and adapt.
- An organization with flexibility operates with an orientation toward the future.
- An individual with flexibility adjust career plans to fit new and developing opportunities.
According to Covey, good planning helps an organization to be: - correct answer ✔✔Priority
oriented, results oriented, advantage oriented, change oriented.
Good time management includes all of the following except: - correct answer ✔✔Do not leave
details for others to address or for later.
, Which of the following statements accurately describe planning time horizons? - correct answer
✔✔All of the statement below:
- Short-range plans cover one year or less into the future.
- Intermediate-range plans cover a time frame of one to two years into the future.
- Long-range plans cover a time frame of three or more years into the future.
Company LMN, a toy manufacturer, has discovered that one of its suppliers has used lead based
paint on one of its products. It is Thanksgiving week. The Executive committee has assembled a
team to devise a plan to mitigate the issue. LMN is using ____________. - correct answer
✔✔Tactical planning
All of the following are examples of functional plans except: - correct answer ✔✔Operational
plans
How are strategic plans and operational plans related? - correct answer ✔✔Strategic plans are
developed to address long-term organizational objectives; operational plans implement
strategic plans.
Typical operational plans in a business would include all of the following EXCEPT: - correct
answer ✔✔Dealing with company growth through mergers and acquisitions.
Production plans, financial plans, facilities plans, marketing plans, and human resource plans are
all examples of __________ plans. - correct answer ✔✔Operational
Which of the following statements best distinguishes between procedures and policies? -
correct answer ✔✔Procedures present a plan of action for specific situations; policies are broad
guidelines.
According to the text, the major opportunities for developing competitive advantage have
traditionally included all of the following except: - correct answer ✔✔Social progress.
