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MCQ - Planning

Planning involves analyzing current situations, determining goals and actions needed to achieve goals. Planning is specifying goals and deciding actions to achieve them. Advances in genetic engineering will allow year-round production of some foods in northern climates, giving grocers an opportunity to reduce shipping costs while offering fresher produce, demonstrating a change in the technological environment. Societal trends regarding how people think and behave have implications for labor, social and strategic decisions. Evaluating a decision is a step in the decision-making process.

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75% found this document useful (4 votes)
3K views1 page

MCQ - Planning

Planning involves analyzing current situations, determining goals and actions needed to achieve goals. Planning is specifying goals and deciding actions to achieve them. Advances in genetic engineering will allow year-round production of some foods in northern climates, giving grocers an opportunity to reduce shipping costs while offering fresher produce, demonstrating a change in the technological environment. Societal trends regarding how people think and behave have implications for labor, social and strategic decisions. Evaluating a decision is a step in the decision-making process.

Uploaded by

lorrynorry
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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1) Planning involves which of the following? A. Analyzing current situations B. Determining rewards for goals achievement C.

Motivating employees D. Implementing necessary changes 2) _______ is specifying the goals to be achieved and deciding in advance the appropriate actions needed to achieve those goals. A. Staffing B. Leading C. Organizing D. Planning 3) Advances in genetic engineering and biotechnology are expected to produce some food products that will become available year-round even in northern climates. These changes will provide grocers with an opportunity to reduce their shipping costs while at the same time, offering fresher produce to their customers. These advances are an example of changes in the A. technological environment B. economic environment C. political environment D. ecological environment 4) _________ trends regarding how people think and behave have major implications for management of the labor force, corporate social actions, and strategic decisions about products and markets. A. Psychological B. Economic C. Technological D. Societal 5) Which of the following is a step in the decision-making process? A. Generating an idea B. Good business planning C. Evaluating the decision D. Delegating a task

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