Question: Homework: Ch 7 Assessing Your Management Skill Multiple Part Question Refer to the Challenge Case at the beginning of the chapter. Respond to the following

Homework: Ch 7 Assessing Your Management Skill Multiple Part Question

Refer to the Challenge Case at the beginning of the chapter. Respond to the following questions regarding the type of advice that you would give to Wal-Mart's Steve Bratspies. Then address the planning challenges he faces within the company.

For Each Statement Select:

"Y" if you would give the advice to Steve Bratspies.

"N" if you would NOT give the advice to Steve Bratspies.

"NI" if you have no idea whether you would give the advice to Steve Bratspies.

Mr. Bratspies, in meeting your planning challenges at Wal-Mart, you should...

(1-4 answered already)

5. begin the planning process by establishing Wal-Mart's organizational objectives.

  1. Y
  2. N
  3. NI

6. focus more on long-term objectives than on short-term or intermediate-term objectives.

a. Y

b. N

c. NI

7. establish objectives that are related only to Wal-Mart's profitability and not to areas such as innovation, productivity, and public responsibility.

a. Y

b. N

c. NI

8. create objectives by yourself and disregard the opinions of other employees in Wal-Mart.

  1. Y
  2. N
  3. NI

9. pinpoint expected results so that Wal-Mart employees will know when an objective is or is not reached.

  1. Y
  2. N
  3. NI

10. form unreachable objectives because unreachable goals always lead to better employee performance.

  1. Y
  2. N
  3. NI

11. specify a timeline for achieving objectives.

  1. Y
  2. N
  3. NI

12. appreciate the potential effectiveness of MBO programs for Wal-Mart because MBO programs work only in for-profit organizations.

  1. Y
  2. N
  3. NI

13. understand the importance of giving rewards in order to improve the effectiveness of MBO programs.

  1. Y
  2. N
  3. NI

14. understand that as Wal-Mart's president, you are responsible for determining the overall direction of the firm.

  1. Y
  2. N
  3. NI

15. appreciate the fact that as Wal-Mart's central planner, no one will evaluate your planning performance.

  1. Y
  2. N
  3. NI

Thank you so much!

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