1. True or False? (a) Generally, programs and budgets can be considered as examples for standing plans. (b) Policies are generally not considered as a single-use plan. Both statements are false Both statements are true Only (a) is true Only (b) is true
Q: After implementing a plan and giving his sales staff specific sales targets to achieve each month,…
A: The correct option is option a. Provides direction
Q: In the management process, if the planning is perfect, then there is no need for controlling. * True…
A: Management process is the process of setting objectives, planning and controlling the implementation…
Q: The meaning of developing derivative plans is to a. prepare rules to support the planning function O…
A: Derivative plans are defined as the sub plans which are used to achieve the eventual or main plan of…
Q: Please explain and elaborate the things below: Planning is an essential capacity of the executives.…
A: Organizing and thinking about the steps necessary to achieve a goal is known as planning. Both…
Q: “If an employee decides to leave the company, he/she should inform the manager 3 months before”.…
A: Every company has its own rules, regulations, procedures, and norms. Every employee should have to…
Q: True or False Operational plans are plans that outline alternative courses of action that may be…
A: Business management is the process of coordinating and organizing the activities of the business to…
Q: after putting a plan into effect, the group should meet again after they have implemented the plan…
A: In any company or business, planning plays a crucial role in the business growth and in reaching…
Q: Good up-front planning may not eliminate the need for changes but may reduce the number of changes…
A: Manager A person who is responsible for making work done from the employee in order to achieve the…
Q: Operational plans are shorter-term plans for implementing specific aspects of the company's…
A: The mission of an organization is the starting point for strategic planning. A strategy outlines the…
Q: In the managerial hierarchy of decision making, _______ is depicted at the top-most level because it…
A: Decision-making is the process of selecting the best alternative from several options.
Q: Why is planning important to the organization?. a. Planning controls the external factors b.…
A: Planning is a management function that helps in deciding the sequence of activities for achieving…
Q: Why is consistency between strategic and tactical objectives important? a. Because they are…
A: Strategies are formulated and based on the purpose of achieving a goal in the organization. It…
Q: a. Planning provides directions. b. Planning is a mental exercise. c. Planning reduces overlapping…
A: The process of thinking about the activities needed to achieve the desired objective is known as…
Q: Which of the following statements is true of a strategic goals? A)they Must be defined in Broad…
A: The correct option is d) that is, they must tied directly to a firms competitive position.…
Q: 3 smart goals that start with I statements and are specific measurable attainable and timely…
A: SMART Goals means those goals which are specific and measurable along with achievable , realistic…
Q: State whether the following statements are true, false or uncertain and explain why. An auto worker…
A: Unemployment is described as the condition in which individuals are actively looking for a job…
Q: I. The treasury function is in charge of financial reporting and compliance. II. Controllership…
A: Business functions are the actions carried out by a company; they can be split into main functions…
Q: Which statement is not true regarding planning? a. Plan is always prepared only by the top level…
A: Which statement is not true regarding planning? a. Plan is always prepared only by the top level…
Q: As a communication tool, these can be used in the management control process. Which is the correct…
A: In every organization, there are many departments like finance, marketing, human resources,…
Q: Unlike management reserves, contingency reserves are not likely to be spent and are not part of the…
A: Project budget: It is the estimation of the cost involved in the completion of the project. The…
Q: Which of the following statements is correct? A. managers always optimize profits for fear of being…
A: The managers are the important component of the organization. The functions of the management…
Q: When using the three-step writing process, how much of the available writing time should be set…
A: Planning can be explained as a function of management that helps the individual or organization to…
Q: 2-_________________ refers to the ability of a person to continue to take efforts to achieve a goal…
A: Efforts can be defined as continuous attempts to achieve a desired goal.
Q: Why is proper diagnosis of the problem important? (5 sentences in paragraph form, our lesson is…
A: Decision making is the process of making choice among alternatives available to solve a problem. the…
Q: All of the following statements are requirements for the process of making ethical decisions, except…
A: The process of compettition taking quick decisions without bieng concerned about the norms is an…
Q: 8- Which of the following is FALSE regarding planning? a. Planning leads into action b. Planning…
A: Planning makes people unsuccessful is definitely a false statement. Hence this statement is false
Q: Alpha Company has implemented a plan whereby functional managers will be held totally responsible…
A: The main advantage is that the managers would be very careful in selecting adequate service support…
Q: Statement 1: A bank branch should be located in close proximity to customers. Statement 2: New…
A: Statement 1: The significance of close proximity in banking sector is primarily attributed to the…
Q: Test I. TRUE or FALSE Instruction: In the statements below, write TRUE if it is correct or FALSE if…
A: Disclaimer-"As per the guidelines, we will solve the first 3 questions for you. If you want any…
Q: The mission statement identifies the common purpose of the organization. Select one: a. TRUE b.…
A: A Mission statement is an essential statement of a business organization that explains the reason…
Q: Policies, rules, procedures are examples of Standing plans. Select one: O True False
A: Standing plans are devised to address the functioning of recurring plans over a period of time. In…
Q: Future is an uncertainty, and may convert uncertainty into certainty Select one: O a. Organizing O…
A: identify and organize the impending dangers to your organization.At that point build up a danger the…
Q: If a goal is SMART, it will be measurable. Question 23 options: True False
A: Since you have posted multiple questions, we will solve the first question for you as per our…
Q: An objective, logical, systematic approach for making major decisions in an organization is a way to…
A: Strategic management, in the field of management, refers to the development and execution of key…
Q: Why does strategist do not choose all the feasible alternative actions in formulating and…
A: Correct Answer: A Because a strategist just wanted to apply the strategy that they have been using.…
Q: Mateo, a florist, recently learned about strategic management and wants to implement this process…
A: Key administration includes the continuous preparation, checking, examination, and appraisal of all…
Q: a. Management by Objectives (MBO) – Management by Objectives is used in most companies who believe…
A: The result approach focuses on managing the objectives, measurable results of job and workgroup.…
Q: Planning is no guarantee of success of a business enterprise”. Discuss any two limitations of…
A: Concept Introduction : Planning is an important management function, planning helps an organization…
Q: 48. During the current situation of corona, people need savings to meet their emergency needs. This…
A: Since you have asked multiple questions, we will answer the first question for you. If you want a…
Q: Contingency plans are alternative plans that can be put into effect if certain key events do not…
A: Contingency plans are the alternative plans that are used in case a foreseen risk event would occur.…
Q: 30 Which is NOT an essential action to influence up"? 0) Avoid making recommendations. Outline the…
A: [Hi! Thanks for the question. As per our Bartleby guideline, we are supposed to answer only ONE…
Q: Direct Line: disruption brings opportunity Among leadership teams, there tends to be two views about…
A: During the financial crisis, RBS Group decided to sell its insurance business and convert it into a…
Q: Nancy Fares was recently appointed as the new performance improvement manager at Al Mashrik…
A: Nancy Fare as recently appointed as performance improvement manager At Al Mashrik hospital. Her main…
Q: Which of the following is the first step in the planning process? * Analyzing alternatives and…
A: The first step in planning process:
Q: ecause, O a It involves efficient use of resource achieve goals. O b. It involves the use of…
A: Management is a technique of planning, choice-making, organizing, leading, motivating, and…
Q: The meaning of developing derivative plans is to а. prepare rules to support the planning function O…
A: A plan is a technique of performing anything, particularly the usual as well as appropriate…
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- Which of the following statements is incorrect?(a) Economic decisions arc time-invariant.(b) Time and risk arc the most important factors in any investment evaluation.(c) For a large-seal!! engineering project. engineers must consider the impact of the project on the company·s financial statements.( d) One of the primary roles of engineers is to make capital expenditure decisions.Why is consistency between strategic and tactical objectives important? a. Because they are develop simultaneously. b. Consistency is a key component of measurement. c. Consistency assures that tactics do not work against strategies. d. Because strategy naturally flows from tactics.I. To make goal setting effective and worthwhile, the goals should be specific, objective and verifiable. II. In conservative strategy, credit sales decrease, collection rate increase, AR balance decrease, bad debts decrease and collection expense decrease.III. The indispensable 5Cs of credit shall be followed in credit policy. What statement(s) is/are true? A. I, II, III B. I, II C. I, III D. II, III E. Only I F. Only II G. Only III H. None
- One of the following statements about goals or objectives is NOT true. Seleccione una: a. GOALS and OBJECTIVES are basically synonyms in the strategic Management literature. b. GOALS and OBJECTIVES are basically synonyms in the English language c. Shorter-term Marketing Plans focus more on objectives than goals. d. In the literature about planning it is recommended that OBJECTIVES have numbers and dates (or time periods) e. GOALS are more general and longer term than OBJECTIVES (in the strategic management literature)No need generalized answer ok. LEAD.305.HSF1 Adaptive Decision Making Decision Journal/Log Lesson that we discussed from week 7. Week 1 - Introduction The Concept of Adaptive Decision Making, Cynefin Framework Week 2 This week have you watch videos to better understand the Cynefin model. the Streetlights and Shadows text. Management vs Leadership Week 3- This week is about reviewing Klein chapters, and finishing Pyramid of Success. Snowden's Model. Explore Trust in the Decision Making Process Week 4- Pyramid of Success Attributes that support Personal and Organizational Decision Making. how data impacted Baseball Week 5- This week is about reducing uncertainty and the power of online experiments. Blue Ocean strategy. Mark Cuban Disruption of the Pharma Week 6- three steps to better decision makingprocess for business experiments. Week 7 the org change process Present a good and bad example of organizational change Instruction: Start a decision journal/log in week 5 through…16. A Strategic Plan is likely to contain Vision Training Targets Monthly targets O High Level Targets 17. Planning is pervasive; it implies that: The managers at lower levels have to plan within the framework of several rules and procedures Planning is the basic requirement of all managerial functions The plan must aim at achieving certain objectives Planning is such a function which is present at all levels of management
- TRUE OR FALSE 1. A missing “how to achieve” plan accelerates sales performance. 2. Geographical structures group together sales jobs and activities being performed in the same location or region. 3. Centralized organizations delegate decision making throughout all levels of management, and decentralized organizations concentrate decision making at the top levels of management.For each statement please choose true or false 4) The coordinator makes the edition of the newspaper (Gazette) based on macroeconomic indicators generated automatically by the simulator. 5) The Gazette presents supplier prices, interest rates, and articles that should be read before companies make decisions. 6) The Financial Report and the Market Report are equal for all simulated companies, while the Operational Report is specific to each company. 7) The impact of applied advertising occurs in 1 period.Choose the correct option: The perfect plan.. will be the least costly does not exist will meet the established deadlines 100% of the time must be innovative
- Which of the following statements regarding multiple measures or a single measure ofperformance is not correct?A)The advantage of using branch profits to evaluate branch managers is that profit is relativelysimple to compute and reflects the organization's ultimate goal. B)The use of multiple measures can influence branch managers' decisions by changing thecomponents of the performance measurement system to reflect changes in the firm'sstrategy. C) If the branch managers are more knowledgeable than the corporate staff about localconditions and what local clients value, a single measure could be preferable. D) If the corporate office has better knowledge of what it requires to operate a profitablebranch, using multiple measures provides a way to communicate this knowledge and achievecommon branch operations E) All of the above are correct statements.8- Which of the following is FALSE regarding planning? a. Planning leads into action b. Planning makes people to be unsuccessful c. Failing to plan is planning to fail d. Planning keeps the managers focused1. Which of the following heuristics can be used for unaided people making decisions involving multiple objectives? A. Availability heuristic. B. Lexicographic strategy. C. Elimination by aspects. D. Satisficing.