Q1M5 Org and Management

___________is the process by which managers establish goal, define methods and think of strategies by which these goals are to be attained

This level of planning is usually referred to as a grand strategy bearing in mind that it constitutes that level of decision making which dictates the activities of all the other levels.

• Corporate level

• Business Level

• Functional Level

In this level, planning concentrates on support functions which are owned by a business enterprise.

• Corporate level

• Business Level

• Functional level

_________ is a high-level overview of the entire business, its vision, mission, corporate objectives, and values

• Contingency Plan

• Operational Plan

• Tactical Plan

• Strategic Plan

__________describes the day to day running of the company.

• Strategic Plan

• Tactical Plan

• Operational Plan

• Contingency Plan

Plan that are prepared when something unforeseen occurs or when something needs to be modified

• Strategic Plan

• Tactical Plan

• Operational Plan

• Contingency Plan

Plan that describes the tactics the organization plans to use to achieve the ambitions outlined in the strategic plan.

• Strategic Plan

• Tactical Plan

• Operational Plan

• Contingency Plan

Lower-level Managers Focus on controlling and directing.

• True

• False

Top-level Managers execute organizational plans in conformance with the company policies and objectives

• True

• False

Middle-level managers implement effective group intergroup work and information systems.

• True

• False