MGT 420 Chapter 8

Functional plans dealing with money and capital investments are called _____ plans.

_____ is the process of predicting what will happen in the future.

_____ is the process of setting objectives and determining how to accomplish them.

_____ is a management function that guides the efforts of human resources to ensure high levels of task accomplishment.

_____ indicate how different operations within the organization will help advance the overall strategy.

Which of the following is a standing plan?

A _____ communicates broad guidelines for making decisions and taking action in specific circumstances.

Which step of the planning process shows what strengths work in one’s favor and what weaknesses may hold one back?

Which of the following is true of planning?

_____ are longer-term plans that set broad directions for the organization.

Which of the following is a long-term version of contingency planning?

Which of the following management functions deals with the allocation and arrangement of resources to accomplish tasks?

_____ focuses on measuring how well things are going and what could be done to improve things.

_____ are developed and used to implement strategic plans.

A(n) _____ is a statement of action steps to be taken in order to accomplish the objectives.