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Management: Procedures, Rules, and Programs

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Management: Procedures, Rules, and Programs

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Questions and Answers

What is the primary purpose of the seventh step in planning?

Evaluating alternative courses of action

Identifying alternative courses of action

Formulating a supporting plan (correct)

Deciding on the best alternative

What is the outcome of the final step in planning?

A budget that outlines income and expenses (correct)

An evaluation of alternative courses of action

A selection of strategies

A detailed plan of action

What is the main difference between strategic planning and long-range planning?

Strategic planning is short-range, while long-range planning is long-range

Long-range planning is always strategic, while strategic planning is not always long-range

Strategic planning is operational, while long-range planning is strategic

Strategic planning involves selecting strategies, while long-range planning does not (correct)

What is the primary goal of strategic planning?

Selecting strategies and developing detailed plans Signup and view all the answers

What is the outcome of the eighth step in planning?

A budget that outlines income and expenses Signup and view all the answers

What is the primary purpose of operational planning?

Formulating a supporting plan Signup and view all the answers

At what stage is a decision made in the planning process?

When adopting a plan Signup and view all the answers

What is the main goal of policy making?

To guide decision-making Signup and view all the answers

What is the primary purpose of procedural planning?

To outline the steps to achieve a goal Signup and view all the answers

What is the main difference between strategic and operational levels of planning?

Strategic planning involves selecting strategies, while operational planning does not Signup and view all the answers