Which of the following statements about action plans is true?
A. Action plans should not be constrained by a time frame in order to allow for modification.
B. Action plans must be specific so that managers have a clear understanding of the resource requirements necessary to implement the plan.
C. Action plans should permit a degree of autonomy to managers and not be constrained by budgets.
D. Action plans should hold employees accountable for the implementation.
Answer: B
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Which of the following would not be an effective technique for gaining audience attention in sales messages?
A) offering an exciting product benefit B) encouraging people to place an order C) offering a unique solution to a common problem D) appealing to people's emotions E) offering a piece of interesting news
Technology is one way to increase the productivity of a meeting
a. True b. False
Beatrix defaults on a debt to Credit Loan Corporation (CLC). As a creditor, CLC can place liens on all of Beatrix's property except
a. motor vehicles used to commute to work. b. stock in various corporations. c. items that the debtor selects. d. vacant commercial property.
Assume that a firm has a steady record of paying stable dividends for years. Market analysts had
expected management to increase the dividend by 7.5% in the latest quarter. However, management announced a 15% increase in the current year's dividend. The market value of the stock rose 20% on the day of the announcement. Which of the following would best explain the stock market's reaction to the announcement? A) residual dividend theory B) expectations theory C) dividend irrelevance theory D) agency theory