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Mgmt 3202 Exam 2 Ecu With 100% Correct And Verified Answers
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Mgmt 3202 Exam 2 Ecu With 100% Correct And Verified Answers
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Mgmt 3202 Exam 2 Ecu With 100%Correct And Verified Answers
Planning - Correct Answer-choosing a goal and
developing a strategy to achieve that goal
Planning is probably the most _______ function -
Correct Answer-Fundamental
Goal - Correct Answer-desired future circumstance
Goal is a _______ plan of action and methods for goal
attainment - Correct Answer-strategy
Planning benefits - Correct Answer-intensified
effort
persistence
direction
developement of task strategies
better company performance
Planning pitfalls - Correct Answer-impeding change
and adaption
false sense of certainty
detachment of planners
S.M.A.R.T Goals - Correct Answer-specific,
measurable, attainable, realistic, and timely
Quantitative, challenging, deadline
Goal commitment - Correct Answer-determination
to achieve a goal
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, -Participation, publicize, top management support
action plan - Correct Answer-specific steps, people,
resources, and time period needed to attain goal
Distance goals - Correct Answer-long-term or
primary goals
Ex. build parking garage
Proximal goals - Correct Answer-Short-term or
subgoals
Ex. finish 1 level per month
Traditional planning - Correct Answer-commit
people and resources to a particular course of
action
Options based - Correct Answer-maintaining
planning flexibility by making small investments in
alternative plans
Strategic planning - Correct Answer-top
management
tactical planning - Correct Answer-middle
management
Operational planning - Correct Answer-lower-level
management
Strategic plans - Correct Answer-overall company
plans that clarify how the company will serve
customers and position itself against competitors
over the next 2-5 years
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