Mr. Slabaugh wants to formulate a plan that lays out general guidelines for his employees and leaves room for interpretation. Which of the following types of plans would best suit his requirement?
A) informal
B) specific
C) directional
D) standing
Question 2Which of the following, if true, would most weaken the argument that Fony Corp. should upgrade its technology?
A) Employees fear that the new technology will render them obsolete.
B) The company will be able to recover the cost of the technology within four years of implementation.
C) The new technology is expected to reduce the company's overall cost of production.
D) The company's main client is threatening legal action after it had to recall nearly 2 million notebooks owing to defective batteries.
E) The technology which the company is considering adopting was recently developed and has not yet been successfully implemented in a real business context.
Question 3Which of the following, if true, would most strengthen the argument that Fony Corp. should upgrade its technology?
A) The market for consumer electronics such as laptops, cameras, cell phones, and other similar gadgets is in the late maturity stage.
B) Fony will be able to recover the cost of the new technology within eight years.
C) Fony's main client account is at risk after the client had to recall nearly 2 million notebooks owing to defective batteries.
D) The existing technology is currently functioning at the optimal level and the cost of maintenance is minimal.
E) Fony last upgraded its technology six years ago and it has an adequate budget to fund the acquisition.
Question 4Operational plans are usually ________.
A) short term, directional, and standing
B) short term, specific, and standing
C) long term, directional, and single use
D) long term, specific, and standing
Question 5________ plans apply to the entire organization and establish the organization's overall goals.
A) Departmental
B) Strategic
C) Operational
D) Long-term
Question 6Explain the difference between a typical U.S. manager's point of view of ethical behavior and that of a manager in a developing economy and the implications of the difference.
What will be an ideal response?
Question 7An organization's mission states that it is committed to reducing its environmental footprint; but its facilities do not comply with statutory environmental regulations. This is an instance of how ________.
A) strategic goals help shape financial goals
B) long-term goals differ from short-term goals
C) an organizations stated goals need not be its real goals
D) a company's real goals are derived from its mission statement
Question 8Which of the following is the best indicator of an organization's real goals?
A) organizational members' actions
B) mission statement
C) annual reports
D) stock valuation
Quick Reply
