Questions - Chapter 8 Foundations of Planning.docxVIP

Chapter 8 Foundations of PlanningTRUE/FALSE. Write T if the statement is true and F if the statement is false.1) Planning is concerned with how objectives are to be accomplished, not what is to be accomplished. 2) Planning provides direction to managers and nonmanagers alike. 3) Absence of planning does not inhibit the ability of departments and individuals to work together or organizations to move. 4) Planning helps managers eliminate uncertainty and insulates organizations from change. 5) Several research studies have conclusively proven that planning organizations always outperform nonplanning organizations. 6) Studies indicate that doing a good job planning and implementing those plans play a bigger part in high performance than does how much planning is done. 7) As managers plan, they develop both goals and plans. 8) Most businesses have only the single goal of making profits. 9) Strategic goals focus exclusively on the financial performance of the organization. 10) Stated goals are those that an organization actually pursues. 11) Long-term plans are those with a time frame beyond three years. 12) The number of years used to define short-term and long-term plans has increased considerably because of the greater environmental certainty businesses have today. 13) Short-term plans are those covering one year or less. 14) Directional plans are clearly defined and leave no room for interpretation. 15) When uncertainty is high and managers must be flexible in order to respond to unexpected changes, directional plans are preferable. 16) The standard procedure to be followed by the human resources department of a company when initiating disciplinary action against an employee is an example of a standing plan. 17) In traditional goal setting, goals set by top managers flow down through the organization and become subgoals for each organizational area. 18) In the management by objectives (MBO) process of goal setting, goals are not well-defined, givi