Podcast
Questions and Answers
What should the time frame for both objectives and strategies be?
What should the time frame for both objectives and strategies be?
- One year
- Six months
- Ten years
- Two to five years (correct)
What are some common terms in which objectives are commonly stated?
What are some common terms in which objectives are commonly stated?
- Number of holidays taken
- Growth in sales (correct)
- Number of employees hired
- Number of coffee machines purchased
What benefits do clearly established objectives provide?
What benefits do clearly established objectives provide?
- Minimize exertion
- Increase uncertainty
- Create confusion
- Reduce conflicts (correct)
At what levels of an organization are long-term objectives needed?
At what levels of an organization are long-term objectives needed?
What should each objective be associated with?
What should each objective be associated with?
What is the nature of long-term objectives according to the text?
What is the nature of long-term objectives according to the text?
What does Arthur D. Little suggest should be the basis for managers' bonuses or merit pay?
What does Arthur D. Little suggest should be the basis for managers' bonuses or merit pay?
What are examples of financial objectives in organizations?
What are examples of financial objectives in organizations?
What is the downside of managing by crisis according to the text?
What is the downside of managing by crisis according to the text?
What is the main idea behind the saying 'If it ain't broke, don't fix it' in the text?
What is the main idea behind the saying 'If it ain't broke, don't fix it' in the text?
What is the primary focus of strategic objectives in organizations according to the text?
What is the primary focus of strategic objectives in organizations according to the text?
What is one of the consequences of managing by subjectives as described in the text?
What is one of the consequences of managing by subjectives as described in the text?
