EngMan_Mod4_Quiz

A company sets its 10-year vision to become a leader in renewable energy. This is an example of:

• Operational planning
• Strategic planning
• Delegation
• Case study planning

Answer explanation

Explanation for the answer (optional)

Translating a company’s strategic goal of “expanding into Southeast Asia” into a detailed timeline of opening offices is an example of:

• Vision planning
• Operational planning
• Strategic forecasting
• Delegation

Which component of strategic planning focuses on “why the company exists”?

• Vision
• Mission
• Goals
• Strategy

Setting quarterly sales targets based on a 5-year strategic growth plan is an example of:

• Delegation
• Operational planning
• Mission development
• Case study

A company’s mission is to “deliver affordable healthcare devices.” Which type of plan translates this mission into yearly product launch schedules?

• Strategic plan
• Operational plan
• Case study plan
• Delegation strategy

A construction firm wants to improve project delivery by aligning its operational schedules with its strategic vision. What does this show?

• Importance of delegation
• Integration of strategic and operational planning
• Case study method
• Authority centralization

A telecommunications company’s strategic plan highlights innovation. Its operational plan includes hiring R&D staff. This demonstrates:

• Delegation of authority
• Translating goals into actions
• Failure in planning
• Structural weakness

Strategic planning typically focuses on:

• Long-term direction
• Daily tasks
• Weekly reporting
• Equipment purchases

Operational planning typically focuses on:

• Long-term vision
• Broad mission
• Immediate actions and timelines
• Ethical principles

In a case study, a firm achieved global recognition by aligning its daily operations with its mission. This highlights:

• Delegation
• Authority control
• Importance of linking operational with strategic planning
• Importance of short-term focus only