12 Questions
What is the primary purpose of Strategic Planning in an organization?
To determine the major goals and policies of the organization
What is the primary focus of Tactical Planning in an organization?
Setting annual budgets and deciding on other activities
What is the primary goal of SWOT Analysis in an organization?
To analyze the organization's Strengths, Weaknesses, Opportunities, and Threats
What is the primary responsibility of top managers in the strategic planning stage?
Determining which customers to serve, when to serve them, and what products to sell
What type of planning involves setting work standards and schedules necessary to implement the company's tactical objectives?
Operational Planning
What is the primary focus of Contingency Planning in an organization?
Preparing for unexpected events or circumstances
What is the primary focus of operational planning?
Specific department managers and individual employees
What is the purpose of contingency planning?
To anticipate and prepare for changes in the environment
What is crisis planning a part of?
Contingency planning
What is the rational decision-making model used for?
To make logical and well-founded decisions
What is brainstorming used for in problem solving?
To come up with as many solutions as possible in a short period of time
What is the difference between decision making and problem solving?
Decision making is more formal, while problem solving is less formal
Test your knowledge of strategic planning, including SWOT analysis, strengths, weaknesses, opportunities, and threats. Learn how to develop a plan to achieve your goals. Evaluate your understanding of different types of planning, such as tactical and operational planning.
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