Answer the following statements true (T) or false (F)

1. Operational planning is normally performed by middle management. 
2. Decisions that are predictable, following a well-defined set of procedures, are typical of operational planning. 
3. As part of the planning process, businesses set what are known as targets, which are specific commitments to achieve measurable results within a stated period of time. 
4. An organization's goals arranged in a hierarchy from low level to high level can be termed a means-end chain. 


1. FALSE
Strategic priorities and policies are passed down to middle managers, who must do tactical planning. Operational planning is done by first-line managers.
2. TRUE
Operational planning helps to direct daily tasks of nonmanagerial personnel, and decisions are often predictable, following a well-defined set of routine procedures.
3. FALSE
A goal, also known as an objective, is a specific commitment to achieve a measurable result within a stated period of time.
4. TRUE
Goals are arranged in a hierarchy known as a means-end chain because, in the chain of management, the accomplishment of low-level goals is the means leading to the accomplishment of high-level goals or ends.

Business

You might also like to view...

The organization design in which an employee reports to both a country manager and a functional manager is a(n):

A) matrix structure. B) international division structure. C) geographic structure. D) worldwide product division structure. E) regional management center.

Business

The concept of extracting business intelligence from large data warehouses often involves _____ of several information systems.

A. compilation B. codification C. autocategorization D. integration

Business

If you are trying to write about the budget, timeframe, and other organizational constraints pertaining to the marketing research project without eroding the client's confidence in the research or unduly minimizing the importance of those topics, you

are working on the ________ section of the marketing research report. A) approach B) problem definition C) limits and caveats D) research design

Business

Which of the following assets is not depreciated?

A. Computers. B. Land. C. Buildings. D. Store fixtures. E. Equipment.

Business