One benefit of strategic planning is it ______.

A. is a panacea for all organizational problems
B. provides a basis for rational decision-making
C. reinforces the chief executive officer’s power
D. relieves the board members of planning responsibilities


B. provides a basis for rational decision-making

Business

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According to your textbook, why might viewing organizations in terms of metaphors that compare them to a giant organism be problematic?

a. Because like human bodies organisms grow old and die b. Because it trivializes workers as appendages to a body c. Because it assumes management is the brain that controls everything on the body d. Both b and c

Business

Cody is in a group meeting with Charlotte and a few other employees to talk about improving sales. Charlotte seems to have a lot to share and takes up most of the meeting time. Normally Cody speaks up with his ideas, but since Charlotte has taken the floor he holds back. Cody is a good example of showing a high degree of what type of personality dimension?

a. Self-monitoring b. Proactive personality c. Machiavellianism d. Locus of control

Business

A manager who must implement a loyalty program across 500 hotels would be placed in which category for managerial decision-making challenges?

A. Managers must apply sophisticated analysis techniques, such as Porter's strategies or forecasting, to make strategic decisions. B. Managers must make decisions quickly. C. Managers need to analyze large amounts of information. D. All of these.

Business

If an offer is oral, the acceptance must be made immediately, unless the circumstances indicate otherwise

Indicate whether the statement is true or false

Business