Questions with Detailed Verified Answers
Questions with Detailed Verified Answers
MGT103 FULL
Questions with Detailed Verified Answers 1) Strategic goals are set by:
A) first-line managers.
B) middle managers.
C) top managers.
D) stockholders.
E) consumers. Ans:-> c
1) Goals set for and by line-managers are called _____ goals.
A) strategic
B) tactical
C) developmental
D) organizational
E) operational Ans:-> e
1) Samantha is responsible for building the day-to-day work schedules for her
subordinates. She assigns specific tasks to her subordinates and designs activities
,according to the objectives that she receives from her seniors. Samantha works on
_____ plans.
A) Operational
B) organizational
C) strategic
D) divestiture
E) tactical Ans:-> a
1) Which of the following statements is true about tactical goals?
A) Their focus is on how to operationalize actions necessary to achieve strategic goals.
B) Their focus is on broad and long-term issues such as increasing the profitability of
the organization over a period of time.
C) They are set for and by top managers.
D) They are set for and by the board of directors.
E) They are broad and nonspecific. Ans:-> a
1) The top managers at Redd Inc. are developing a plan to reduce the production costs
of the company. By reducing costs, Redd wants to gain a competitive advantage of cost
leadership. The plan being developed in this scenario is a(n) _____ plan.
A) strategic
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,B) tactical
C) operational
D) contingency
E) recovery Ans:-> a
1) A(n) ____ goal for a waste management plant could be "to develop a recycling
campaign for rural communities of less than 1000 customers." It would develop
naturally out of a strategic goal "to increase recycling by 10% everywhere."
A) strategic B) departmental
C) functional
D) divestiture
E) tactical Ans:-> e
1) The top managers of Dietizza, a large low-fat pizza chain, plan to increase the
profitability of all its outlets by 15 percent in a period of two years. This is a(n) _____
goal.
A) tactical
B) operational
C) nonspecific
D) divestiture
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, E) strategic Ans:-> e
1) A(n) _____ plan is a general plan outlining decisions about resource allocation,
priorities, and action steps necessary to reach the goals set by the top managers.
A) recovery
B) contingency
C) operational
D) tactical
E) strategic Ans:-> e
1) _____ plans generally have an extended time horizon, and address questions of
scope, resource deployment, competitive advantage, and synergy.
A) Operational
B) Contingency
C) Recovery
D) Tactical
E) Strategic Ans:-> e
1) Venus Corp. is a large corporation with many strategic business units. The top
managers and board of directors are reviewing the performance of the business units
to estimate the amount of resources that each unit will require in the next few years.
© Get it right 2025 Getaway - Stuvia US All rights reserved
Questions with Detailed Verified Answers
MGT103 FULL
Questions with Detailed Verified Answers 1) Strategic goals are set by:
A) first-line managers.
B) middle managers.
C) top managers.
D) stockholders.
E) consumers. Ans:-> c
1) Goals set for and by line-managers are called _____ goals.
A) strategic
B) tactical
C) developmental
D) organizational
E) operational Ans:-> e
1) Samantha is responsible for building the day-to-day work schedules for her
subordinates. She assigns specific tasks to her subordinates and designs activities
,according to the objectives that she receives from her seniors. Samantha works on
_____ plans.
A) Operational
B) organizational
C) strategic
D) divestiture
E) tactical Ans:-> a
1) Which of the following statements is true about tactical goals?
A) Their focus is on how to operationalize actions necessary to achieve strategic goals.
B) Their focus is on broad and long-term issues such as increasing the profitability of
the organization over a period of time.
C) They are set for and by top managers.
D) They are set for and by the board of directors.
E) They are broad and nonspecific. Ans:-> a
1) The top managers at Redd Inc. are developing a plan to reduce the production costs
of the company. By reducing costs, Redd wants to gain a competitive advantage of cost
leadership. The plan being developed in this scenario is a(n) _____ plan.
A) strategic
© Get it right 2025 Getaway - Stuvia US All rights reserved
,B) tactical
C) operational
D) contingency
E) recovery Ans:-> a
1) A(n) ____ goal for a waste management plant could be "to develop a recycling
campaign for rural communities of less than 1000 customers." It would develop
naturally out of a strategic goal "to increase recycling by 10% everywhere."
A) strategic B) departmental
C) functional
D) divestiture
E) tactical Ans:-> e
1) The top managers of Dietizza, a large low-fat pizza chain, plan to increase the
profitability of all its outlets by 15 percent in a period of two years. This is a(n) _____
goal.
A) tactical
B) operational
C) nonspecific
D) divestiture
© Get it right 2025 Getaway - Stuvia US All rights reserved
, E) strategic Ans:-> e
1) A(n) _____ plan is a general plan outlining decisions about resource allocation,
priorities, and action steps necessary to reach the goals set by the top managers.
A) recovery
B) contingency
C) operational
D) tactical
E) strategic Ans:-> e
1) _____ plans generally have an extended time horizon, and address questions of
scope, resource deployment, competitive advantage, and synergy.
A) Operational
B) Contingency
C) Recovery
D) Tactical
E) Strategic Ans:-> e
1) Venus Corp. is a large corporation with many strategic business units. The top
managers and board of directors are reviewing the performance of the business units
to estimate the amount of resources that each unit will require in the next few years.
© Get it right 2025 Getaway - Stuvia US All rights reserved
