Managing Goals MCQ

A(n) ____ is a target, objective, or result that someone tries to accomplish.

Answer

Correct Answer: Goal

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The result reached in _____ must be accepted by both employee and employer.

Answer

Correct Answer: Arbitration

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Folgers's ____________ allows customers to easily identify this product from other coffee products.

Answer

Correct Answer: Brand name

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Externalities can distort the true _____ and _____ of goods and services.

Answer

Correct Answer: Costs, benefits

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_____ is a goal to achieve a goal within a short period of time, usually within 1 year; also known as a tactical or operational goal.

Answer

Correct Answer: Short-term goals

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A long-range, big-picture process that assists companies in better overall management for the entire organization.

Answer

Correct Answer: Total quality management (TQM)

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_____ is a plan that covers an intermediate time scale and enacts divisional strategies by allocating people and resources.

Answer

Correct Answer: Tactical plan

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Stretch goal is a goal that is almost unattainable and requires the full capacity of an _____ to accomplish.

Answer

Correct Answer: All of these

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_____ is a goal that is almost unattainable and requires the full capacity of an individual, manager, team, or organization to accomplish.

Answer

Correct Answer: Stretch goals

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_____ is a broad long-term plan that helps to define the entire organization’s strategic goals and the actions needed to achieve them

Answer

Correct Answer: Strategic plan

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A plan designed for repeated use in response to commonly occurring events is called?

Answer

Correct Answer: Standing plan

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SMART goals are specific _____ and time-bound.

Answer

Correct Answer: All of these

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Goals that are specific, measurable, achievable, relevant, and time-bound are called?

Answer

Correct Answer: SMART Goals

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____ is a plan developed to achieve a particular goal or in response to an event that is not expected to be repeated.

Answer

Correct Answer: Single use plan

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Rule is a formal description of how specific actions are to be carried out.

Answer

Correct Answer: True

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Short-term goals that increase individuals’ ability to reach distal goals by providing motivation and feedback is known as?

Answer

Correct Answer: Proximal goals

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_____ is a single-use plan that sets out objectives to achieve a single activity; it is less complex than a program given that it has less scope.

Answer

Correct Answer: Project

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_____ is a single-use plan that sets out objectives to achieve a single activity; it is less complex than a program given that it has less scope.

Answer

Correct Answer: Project

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_____ is a single-use plan that sets out objectives to accomplish a variety of projects and activities.

Answer

Correct Answer: Program

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_____ is a standing plan that provides the specific steps to be taken as part of a recurring process or in response to a recurring situation.

Answer

Correct Answer: Procedure

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_____ is a standing plan that describes how an organization and its members should respond to recurring or anticipated situations.

Answer

Correct Answer: Policy

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Performance dashboard is a visual representation of an organization’s _____ which allows managers to easily track progress toward metrics and goals.

Answer

Correct Answer: All of these

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_____ are the plans that guide the day-to-day production or delivery of an organization’s goods and services and that enact a functional strategy.

Answer

Correct Answer: Operational plan

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Management by objectives is a method of management in which _____ agree to specific goals that are then used to evaluate individual performance.

Answer

Correct Answer: Both a and b

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_____ is a strategic target that aims to achieve the goals set out in a company’s strategic plan within 1 to 5 years.

Answer

Correct Answer: Long-term goals

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Long-term goal is also known as Strategic goal.

Answer

Correct Answer: True

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A strategic target that aims to achieve the goals set out in a company’s strategic plan within _____.

Answer

Correct Answer: 1 to 5 years

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Key performance indicators are the measurements that managers identify as vital to the company’s performance.

Answer

Correct Answer: True

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Goal is a specific commitment to achieve a desired result within a certain period of time.

Answer

Correct Answer: True

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Distal goals are:

Answer

Correct Answer: Both b and c

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_____ is a general, flexible plan that provides guidelines for an organization’s long-term goals.

Answer

Correct Answer: Directional plan

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_____ is a written document that describes the actions and goals needed to support organizational strategy?

Answer

Correct Answer: Business plan

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_____ is the specific actions, people, and resources needed to accomplish a goal.

Answer

Correct Answer: Action plan

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Action plan is the specific _____ needed to accomplish a goal.

Answer

Correct Answer: All of the above

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