Week Two- Planning as a Management Function

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MGT 330 Self-Assessment Questions

Note: Answers to questions appear on the last page of this document.

1. ______________ are the practices aimed at discovering and harnessing an organization’s intellectual resources.

a. Norms

b. Social rules

c. Knowledge Management

d. Cultures

e. Traditions

2. Which of the following is an aspect of the planning function of management?

a. Delegating authority

b. Setting goals and courses of action

c. Comparing actual performance with established standards

d. Maintaining morale

e. Molding company culture

3. Which of the following is NOT a function of management?

a. Planning: Delivering strategic value

b. Organizing: Building a dynamic organization

c. Leading: mobilizing people

d. Benchmarking: Setting goals and courses of action

e. Controlling: Learning and changing

4. The two internal factors that influence planning are:

a. Strengths and weaknesses

b. Strengths and trends

c. Weaknesses and opportunities

d. Strengths and opportunities

e. Trends and opportunities

5. A ______________ plan shows how top-management’s plans are to be carried out at the departmental, short–term level.

a. Descriptive

b. Operational

c. Strategic

d. Standing

e. Tactical

6. A ______________ plan specifies the business or the business the firm intends to be in and the course of action it will pursue.

a. Descriptive

b. Operational

c. Strategic

d. Standing

e. Tactical

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MGT 330 Self-Assessment Answers

1. c

Chapter 1: Managing

Management: Leading and Collaborating in a Competitive World, 8th ed. by Snell and Bateman

2. b

Chapter 1: Managing

Management: Leading and Collaborating in a Competitive World, 8th ed. by Snell and Bateman

3. d

Chapter 4: Planning and Strategic Management

Management: Leading and Collaborating in a Competitive World, 8th ed. by Snell and...