Planning in Organizations Overview Chapter Exam

Exam Instructions:

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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Question 1 1. The first steps management should consider determining the feasibility of a new project or expansion project is to determine:

Question 2 2. Why is it important for companies to evaluate managerial decisions using a SWOT Analysis?

Question 3 3. Why is a unique selling proposition important for a company?

Question 4 4. Why is environmental scanning used in marketing?

Question 5 5. Jessica has just conducted a SWOT analysis of her firm. What should her next steps be?

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Question 6 6. Where does planning fall in the order of managerial functions?

Question 7 7. Which of these describes the purpose of planning?

Question 8 8. Which of these is considered an advantage of planning?

Question 9 9. Ricky is a new employee with years of experience in planning. He is committed to the processes and creates a plan that looks one week into the future. Which of his characteristics would be considered a barrier to effective planning?

Question 10 10. Which of the following is true of planning?

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Question 11 11. Why is a tactical plan relevant for the functioning of each company?

Question 12 12. Why do managers create contingency plans?

Question 13 13. How are strategic, tactical, and operational plans related to each other?

Question 14 14. A procedure that details how to take an inventory is an example of a(n) _____ plan, while a promotional advertisement is an example of a(n) _____ plan.

Question 15 15. Managers use operational plans to _____.

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Question 16 16. Which of these is identified in a company's mission statement?

Question 17 17. Which of these describes how often a mission statement should be reviewed?

Question 18 18. The mission statement is one of the key components of _____ in organizations.

Question 19 19. Jennifer is starting a new business and begins by writing her mission statement. Why is it important for Jennifer to write a mission statement?

Question 20 20. Which group of people are expected to be able to identify with and commit to upholding the mission statement?

Planning in Organizations Overview Chapter Exam Instructions

Choose your answers to the questions and click 'Next' to see the next set of questions. You can skip questions if you would like and come back to them later with the yellow "Go To First Skipped Question" button. When you have completed the practice exam, a green submit button will appear. Click it to see your results. Good luck!

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