Podcast
Questions and Answers
What are the levels of management?
What are the levels of management?
- Operational, functional, and business
- Top, middle, and lower (correct)
- Supervisory, tactical, and strategic
- Executive, administrative, and operational
What is a key characteristic of a sound plan?
What is a key characteristic of a sound plan?
- Rigidity
- Complexity
- Feasibility (correct)
- Ambiguity
What is an example of long-range planning?
What is an example of long-range planning?
- Creating a daily work schedule
- Developing a 10-year business expansion strategy (correct)
- Organizing a one-time promotional event
- Setting monthly sales targets