Which of the following is true of the impact of formal planning on organizational performance?
A. Formal planning is associated with positive financial results.
B. Organizations that formally plan invariably outperform those that don't plan.
C. The amount of planning done is more important to high performance than the quality of planning and implementation.
D. Companies can start seeing the impact of formal planning on performance after about a year of starting the planning process.
Answer: A
You might also like to view...
Discuss examples of problems that might have occurred during the production of a document
What will be an ideal response?
In Hersey/Blanchard, the style whereby the decision-making process and its implementation is turned over to followers is ______.
a. directive b. consultative c. facilitative d. delegative
The discovery phase refers to the period when one becomes aware of a new business concept.
Answer the following statement true (T) or false (F)
The questionnaire has an advantage over other methods of collecting primary data because
A) the anonymity of a questionnaire reduces the validity of some responses. B) obtaining a representative sample over a large geographical area can be expensive. C) the target audience has widely differing interests and education. D) respondents note their answers at the most convenient time for researchers. E) no interviewer is present to possibly bias the results.