"Strategic planning" is best defined as the process of
A. developing objectives that specify how each department will support organizational goals.
B. accurately linking operational planning with financial planning.
C. creating long-term goals for the organization as a whole.
D. planning what to do if the original plans or objectives set by an organization do not work out.
Answer: C
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Fill in the blank(s) with the appropriate word(s).
In situational management, a(n) ______ style requires providing very little direction or support to employees, and it is appropriate when interacting with outstanding employees.
A. consultative B. autocratic C. participative D. empowering
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Answer the following statement true (T) or false (F)
If you are seeking new-product ideas for your business, your ________ are a good source.
A. production people B. salespeople C. customers D. intermediaries E. All these answers are correct.