0. A Vision Statement has little practical value today because of Technological advancement a. TRUE b. FALSE 10. By definition, a plan is made up of an objective without an action statement a. TRUE b. FALSE A 2 MULTIPLE CHOICE QUESTIONS 11. When Performance standards are developed on the basis of Systematie observation and experimentation, which is involved? a) Fayol's universal principle b) Therligs c) A Gantt Chart d) Total Quality Control e) Scientific Management 12. Which type of planning determines how specific tasks can best be accomplished on time with available resources? a) Budgetary b) operational strategic d) intermediate e) contingency 13 Which of the following best describes the contingency Approach to the study of Management? a) Differential Management b) Managerial Uniformity c) Continuous Improvement d) Situational Management e) A search for the best way to manage. 14. As defined, decision making involves? a) Eliminating uncertainty b) leadership c) Information technology d) choosing e) overcoming fears DO NO EXO Page Last Update 150015 Approved Prvo Revision No 11 Author Ed