Podcast
Questions and Answers
What is the primary managerial activity that involves defining the organization’s goals, establishing an overall strategy, and developing plans for work activities?
What is the primary managerial activity that involves defining the organization’s goals, establishing an overall strategy, and developing plans for work activities?
Which type of planning involves specific goals covering a specific time period, written, and shared with organizational members?
Which type of planning involves specific goals covering a specific time period, written, and shared with organizational members?
What do goals (or objectives) provide for individuals, groups, or entire organizations?
What do goals (or objectives) provide for individuals, groups, or entire organizations?
Which type of goals are related to the expected internal financial performance of the organization?
Which type of goals are related to the expected internal financial performance of the organization?
Signup and view all the answers
What is the element of planning that documents how goals are to be accomplished, describes how resources are to be allocated, and establishes activity schedules?
What is the element of planning that documents how goals are to be accomplished, describes how resources are to be allocated, and establishes activity schedules?
Signup and view all the answers
What are the official statements of what an organization says and what it wants its stakeholders to believe called?
What are the official statements of what an organization says and what it wants its stakeholders to believe called?
Signup and view all the answers
Which type of plan specifies the details of how the overall goals are to be achieved and covers a short time period?
Which type of plan specifies the details of how the overall goals are to be achieved and covers a short time period?
Signup and view all the answers
What is the ability to recognize major external changes, commit resources quickly, and recognize when a strategic decision isn't working referred to as?
What is the ability to recognize major external changes, commit resources quickly, and recognize when a strategic decision isn't working referred to as?
Signup and view all the answers
Which argument against strategic planning emphasizes the focus on today’s competition?
Which argument against strategic planning emphasizes the focus on today’s competition?
Signup and view all the answers
What encourages leadership unity by making sure everyone is on the same page and encourages employees to be open about sharing negative information?
What encourages leadership unity by making sure everyone is on the same page and encourages employees to be open about sharing negative information?
Signup and view all the answers
