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MGMT EXAM 2 PT 1 CH 5 6. N EXAM 2024/2025
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MGMT EXAM 2 PT 1 CH 5 6. N EXAM 2024/2025
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MGMT EXAM 2 PT 1 CH 5 6. N EXAM2024/2025
In the Management in Action case, if Congress forces Amtrak to become
a nonprofit, the organization will have to go back to which step in the
planning process? - Precise Answer ✔✔Developing a mission statement.
Which is the following is a tactical goal? - Precise Answer ✔✔By the
end of this fiscal year, we will achieve a 10% cost reduction in our office
expenses.
The Publix chain of supermarkets has stated, "We will not knowingly
disappoint you. If for any reason your purchase does not give you
satisfaction, the full purchase price will be cheerfully refunded
immediately upon request." This proclamation is Publix's - Precise
Answer ✔✔Value statement
Which of the following satisfies the SMART goals criteria? - Precise
Answer ✔✔In the next quarter, our Tucson sales agent will increase
sales by 10%.
When planning for starting your career, what can you do to stay
resilient? - Precise Answer ✔✔Know that it takes time to find a job
Aanu owns several computer repair shops across northeastern
Wisconsin, and she has set a goal for her company of increasing market
, share in all locations over the next three years. Aanu has set a - Precise
Answer ✔✔strategic goal
At the strategic level of planning, managers must pay attention to the
environment outside the organization, be future oriented, and - Precise
Answer ✔✔deal with uncertain and competitive conditions
The top managers of One World Enterprises are meeting for the week to
look at the long-term company goals and overall direction of the
organization. The CEO has expressed his concern over the economy and
has told his managers to look closely at the environment outside the
organization before making decisions and to be future oriented. In this
meeting, top managers of One World are - Precise Answer ✔✔doing
strategic planning
When managers apply the continuous feedback loop know as the
planning/control cycle, which management functions are implied? -
Precise Answer ✔✔leading and organizing
In which of these examples is the competency of networking supporting
planning - Precise Answer ✔✔Naheem's company is establishing a new
contract with a vendor that Naheem met during a trade show
Managers can use an operating plan to - Precise Answer ✔✔segment
strategic goals into short-term targets
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