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Management Planning Quiz

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Questions and Answers

What is the primary function of planning in management?

To outline a future course of action. (correct)
To control organizational resources.
To assess external competition.
To evaluate past performance.

Which type of planning is primarily done by top management?

Contingency Planning
Strategic Planning (correct)
Operational Planning
Tactical Planning

How long is the timeframe typically associated with tactical planning?

Short-term, usually one year or less. (correct)
Long-term, over five years.
Medium-term, one to three years.
Ongoing, with no specific timeframe.

What is the role of operational planning in management?

<p>Establishing daily operational procedures. (B)</p> Signup and view all the answers

What do management functions collectively aim to achieve?

<p>Efficient achievement of organizational goals. (A)</p> Signup and view all the answers

Flashcards

What is Planning?

Planning outlines the future course of action and makes decisions on the best path to achieve organizational goals.

What is Strategic Planning?

Strategic planning focuses on the long-term vision, mission, and values of an organization. It's typically done by top management.

What is Tactical Planning?

Tactical planning focuses on shorter-term objectives (usually within a year) and is often done by middle management.

What is Operational Planning?

Operational planning deals with the day-to-day activities within an organization. It's usually done by low-level managers and supervisors.

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What is Management?

Management is the process of utilizing available resources, organizing collective efforts, and coordinating actions to achieve predetermined goals.