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Planning & Setting Business Goals 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. 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 2 2. The four types of plans a manager will use include

Question 3 3. 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 4 4. Anthony wants to do a better job for his company and makes this his goal. According to the SMART guidelines, this is an unacceptable goal because it is not _____.

Question 5 5. Which of the following would be a good goal for the Tire Company under the SMART framework?

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Question 6 6. Managers use operational plans to _____.

Question 7 7. Which of the following is true of planning?

Question 8 8. Why is a tactical plan relevant for the functioning of each company?

Question 9 9. Which of these describes the purpose of planning?

Question 10 10. Which of these is considered an advantage of planning?

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Question 11 11. Where does planning fall in the order of managerial functions?

Question 12 12. Carrol's Croissants has set a goal of wasting 25% less flour, what is missing from Carrol's goal?

Question 13 13. This type of plan is designed with the entire organization in mind and begins with an organization's mission.

Question 14 14. Which of the following is a measurable goal?

Question 15 15. The 'A' in a SMART goal stands for what?

Planning & Setting Business Goals 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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