Question: Planning is the process of and . a . developing premises about the future, evaluating them b . measuring results, taking corrective action c .

Planning is the process of and .
a. developing premises about the future, evaluating them
b. measuring results, taking corrective action
c. measuring past performance, targeting future performance
d. setting objectives, deciding how to accomplish them
2. The benefits of planning include .
a. improved focus
b. lower labour costs
c. more accurate forecasts
d. higher profits
3. In order to help implement its corporate strategy, a business firm would likely develop a plan for the marketing department.
a. functional
b. single-use
c. production
d. zero-based
4. planning identifies alternative courses of action that can be taken if and when certain situations arise.
a. Zero-based
b. Participative
c. Strategic
d. Contingency
5. The first step in the control process is to .
a. measure actual performance
b. establish objectives and standards
c. compare results with objectives
d. take corrective action
6. A sexual harassment policy is an example of plans used by organizations.
a. long-term
b. single-use
c. standing-use
d. operational
7. When a manager is asked to justify a new budget proposal on the basis of projected activities rather than past practices, this is an example of budgeting.
a. zero-based
b. variable
c. fixed
d. contingency

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