Ch 4 The Basic Planning Process

12 Questions | Total Attempts: 43

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Process Management Quizzes & Trivia

CH 4 The Basic Planning Process,CH 4 The Basic Planning Process


Questions and Answers
  • 1. 
    A ------------ (P): A method for doing or making something, consisting of a goal and a course of action.
  • 2. 
    A ----------------- (G): A specific result to be achieved; the end result of a plan.
  • 3. 
    ------------------ (O): Specific results toward which effort is directed.
  • 4. 
    ------------------ (P): The process of setting goals and courses of action, developing rules and procedures and forecasting future outcomes.
  • 5. 
    What ---------------- Entails?- Choosing goals and courses of action and deciding now what to do in the future to achieve those goals.-Assessing today the consequences of various future courses of action.
  • 6. 
    WHAT PLANNING ACCOMPLISHES? 6 things
  • 7. 
    A ------------------ (H) of plans: A set of plans that includes the company-wide plan and the derivative plans of subsidiary units required to help achieve the enterprise-wide plan.
  • 8. 
    The ---------------- (P) hierarchy: Top management formulates its plans based on upward feedback from the departments, and the departments in turn draft plans that make sense in terms of top managements plan.
  • 9. 
    How to develop a plan? 6 steps
  • 10. 
    Who Does the Planning?IN: Small Businesses, Large firms?
  • 11. 
    Name the business plan components? 4
  • 12. 
    Principles of Goal-Setting? 6