GEB 1011 Chapter 7 Test Questions and Answers All Correct
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Course
GEB 1011
Institution
GEB 1011
GEB 1011 Chapter 7 Test Questions and Answers All Correct
What skills do managers need to be successful? - Answer- -conceptual
-technical
-time managment
-interpersonal
-decision making
How are the strategic plan, the corporate vision, and the mission statement defined for a business? ...
GEB 1011 Chapter 7 Test
Questions and Answers All
Correct
What skills do managers need to be successful? - Answer- -conceptual
-technical
-time managment
-interpersonal
-decision making
How are the strategic plan, the corporate vision, and the mission statement defined for a
business? - Answer- * managers use planning, goals, and objections to help achieve
the corporate vision and stay on task.
* top managers put together a strategic plan, or main course of action, that maps out the
means by which the cooperation will achieve its goals.
- before the strategic plan is in place, management must define the organization's
purpose, basic goals, and philosophies through vision and mission statement.
- pert of the strategic planning process is conducting a SWOT analysis to help
management determine the strategic fit between an organization's internal capabilities
and external possibilities.
Why do managers need tactical plans, operational plans, and contingency plans? -
Answer- * tactical plans specifically determine the resources and the actions required to
implement particular aspects of a strategic plan. Tactical plans are made with a one-to
three-year horizon in mind and are determined by middle management.
* Operational plans determine the process by which tactical plans can be achieved.
Operational pals depend on daily or weekly schedules and focus more on specific
departments or employees. Operational plans are determined by first-line managers.
* Contingency planning is a set of plans that courses that an organization will run as
smoothly as possible during a disruption and determines how management will
communicate, both internally and externally.
What is significance of organizing? - Answer- is the process of structuring the capital,
personnel, raw materials, and other resources to carry out a company's plans in a way
that best matches the nature of the work. An organization chart shows how groups of
employees fit into the larger organization structure.
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