
Chapter 3 Planning, Organizing, & Goal Setting
Authored by Mai Thoa
Social Studies
University
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Long-range planning to set corporate goals and develop strategies for achieving them is called:
strategic planning.
contingency planning.
forecasting.
management by exception.
planning by goals.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A term regarding the search (amongst competitors and others) for the best method of doing something and implementing the method to improve performance and meet or exceed goals is called:
forecasting.
conjecture.
competencies.
benchmarking.
performance indicators.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Unity of command refers to the:
principle that each person should have only one boss.
general manager’s ultimate responsibility.
number of employees one person supervises.
supervisor’s retained responsibility for tasks delegated.
fact that we all have two bosses.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
You can reduce the degree of risk when:
a. the future is more or less certain.
b. you collect all available data.
c. you collect relevant data and apply it to your forecast.
d. you have less than 1% relevant data collected.
e. Both a and d
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A bar graph diagram showing the activity and the timing of each activity is known as:
Gantt.
MBO.
Venn.
PERT.
None of the above.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In forecasting, if conditions tomorrow will be the same as yesterday, you should assume:
a. sales will be the same.
b. sales will be dependent on your location.
c. sales will vary every day.
d. Both a and b
e. Both b and c
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Setting everything up to run efficiently is known as:
planning.
organizing.
leading.
communicating.
controling.
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