1.In , goals set by top managers flow down through the organization and become subgoals for each organizational management by objectives B) management by observation C) traditional planning D) traditional goal setting 2.What plans are preferable when uncertainty is high in the business environment? 13) operational plans B) standing plans C) directional plans D) long- term plans 3,They should set general, but rigid plans How can managers effectively plan when the external environment is continually changing? 14) They should discontinue formal They should continue to follow the set organizational plans as persistence will eventually pay. They should be ready to change directions if environmental warrant They should set general, but rigid 4.Williamson is the owner of a small company that sells corporate gifts through an online Business has slowed down in recent months and he realizes that the organization must move in a different direction if it is to survive. He has reset some of the company's overall goals and wants to develop a plan to achieve those goals. He is anticipating the business environment to be volatile for the next few years. Considering the above information, it can be determined that his plan must be , , and . informal; unwritten; flexible B) strategic; directional; flexible C) strategic; general; rigid D) operational; directional; rigid 5.Helen, the owner of Crazy Cupcakes, is conducting a SWOT analysis of her Which one of the following represents an opportunity for expansion? One of Crazy Cupcakes competitors has added cookies to its product In a taste test, Crazy Cupcakes products ranked higher than competitors in the taste and texture There has been a trend toward personalized cupcakes for a variety of The production process was found to be highly efficient and wastage was kept to a minimum 6.Patrick expects each person he hires for his online business to be involved in studying trends involving new technology, competitors, and These employees are involved in . industry analysis B) external analysis C) economic analysis D) internal analysis 7.Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with She interprets this as a(n) if she is to get a job as a salesperson. opportunity B) threat C) weakness D) strength 8.are positive trends in the external Strengths B) Weaknesses C) Threats D) Opportunities

1.In , goals set by top managers flow down through the organization and become subgoals for each organizational management by objectives B) management by observation C) traditional planning D) traditional goal setting 2.What plans are preferable when uncertainty is high in the business environment? 13) operational plans B) standing plans C) directional plans D) long- term plans 3,They should set general, but rigid plans How can managers effectively plan when the external environment is continually changing? 14) They should discontinue formal They should continue to follow the set organizational plans as persistence will eventually pay. They should be ready to change directions if environmental warrant They should set general, but rigid 4.Williamson is the owner of a small company that sells corporate gifts through an online Business has slowed down in recent months and he realizes that the organization must move in a different direction if it is to survive. He has reset some of the company's overall goals and wants to develop a plan to achieve those goals. He is anticipating the business environment to be volatile for the next few years. Considering the above information, it can be determined that his plan must be , , and . informal; unwritten; flexible B) strategic; directional; flexible C) strategic; general; rigid D) operational; directional; rigid 5.Helen, the owner of Crazy Cupcakes, is conducting a SWOT analysis of her Which one of the following represents an opportunity for expansion? One of Crazy Cupcakes competitors has added cookies to its product In a taste test, Crazy Cupcakes products ranked higher than competitors in the taste and texture There has been a trend toward personalized cupcakes for a variety of The production process was found to be highly efficient and wastage was kept to a minimum 6.Patrick expects each person he hires for his online business to be involved in studying trends involving new technology, competitors, and These employees are involved in . industry analysis B) external analysis C) economic analysis D) internal analysis 7.Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with She interprets this as a(n) if she is to get a job as a salesperson. opportunity B) threat C) weakness D) strength 8.are positive trends in the external Strengths B) Weaknesses C) Threats D) Opportunities

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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Related questions

Question

1.In , goals set by top managers flow down through the organization and become subgoals for each organizational

1. management by objectives B) management by observation
2. C) traditional planning D) traditional goal setting

2.What plans are preferable when uncertainty is high in the business environment? 13)

1. operational plans B) standing plans C) directional plans D) long- term plans

3,They should set general, but rigid plans
How can managers effectively plan when the external environment is continually changing? 14)

1. They should discontinue formal
2. They should continue to follow the set organizational plans as persistence will eventually pay.
3. They should be ready to change directions if environmental warrant
4. They should set general, but rigid

4.Williamson is the owner of a small company that sells corporate gifts through an online Business has slowed down in recent months and he realizes that the organization must move in a different direction if it is to survive. He has reset some of the company's overall goals and wants to develop a plan to achieve those goals. He is anticipating the business environment to be volatile for the next few years. Considering the above information, it can be determined that his plan must be , , and .

1. informal; unwritten; flexible B) strategic; directional; flexible
2. C) strategic; general; rigid D) operational; directional; rigid

5.Helen, the owner of Crazy Cupcakes, is conducting a SWOT analysis of her Which one of the following represents an opportunity for expansion?

1. One of Crazy Cupcakes competitors has added cookies to its product
2. In a taste test, Crazy Cupcakes products ranked higher than competitors in the taste and texture
3. There has been a trend toward personalized cupcakes for a variety of
4. The production process was found to be highly efficient and wastage was kept to a minimum

6.Patrick expects each person he hires for his online business to be involved in studying trends involving new technology, competitors, and These employees are involved in .

1. industry analysis B) external analysis
2. C) economic analysis D) internal analysis

7.Casey realizes that she has a personal characteristic that suggests she is not comfortable interacting with She interprets this as a(n) if she is to get a job as a salesperson.