3. The first step in the planning process is to: a. Setting standards b. Setting organizational, division or unit goals reach goals C. determining resources needed d. developing strategies or tactics to oat bie vpeiela noewied eornoisthib ent ai terWA
3. The first step in the planning process is to: a. Setting standards b. Setting organizational, division or unit goals reach goals C. determining resources needed d. developing strategies or tactics to oat bie vpeiela noewied eornoisthib ent ai terWA
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
Problem 1CE
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![3. The first step in the planning process is to:
a. Setting standards
b. Setting organizational, division or unit goals
reach goals
Intermediate plans are set by
а. Тор
5. A company mission is a statement of the organization's:
a. Accounts and responsibilities
b. Purpose
6. The purpose of strategic planning is to find ways in which the company can best:
a. Overcome losses
C. determining resources needed
d. developing strategies or tactics to
mib erd ai tariW
ost bris vpeiele noewie
management.
C. lower
4.
b. middle
d. all of the above
C. net worth
d. structure
b. Use its strengths to take advantage of attractive opportunities in the environment.
C. Avoid paying taxes.
d. Avoid the expense of costly research and development while still getting the benefits.
7.
This presents an overall view of the marketing project and its potential
a. Budget
8. This a written document that states that the quantity of output a company must produce in broad
terms and by product family.
a. Marketing Plan
b. Financial Plan
b. Policies
c. Plan
d. Executive Summary
C. Production Plan
d. Strategic Plan
9. They are broad guidelines to aid managers at every level in making decisions about recurring
situations or function.
b. Policiesm bns noieiv neewic. Procedureert ei tenW d. Rules
a. Budget
10. These are plans that are used again and again, and they focus on managerial situations that
happen repeatedly.
a. Standing Plans
b. Single-Use Plans
c. Strategic Plans
d. Tactic](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a9fcfe4-c342-4e8b-b7a2-f38f61ebd91b%2Fc4046094-785f-442d-8319-8677ab140306%2Fb7uropf_processed.jpeg&w=3840&q=75)
Transcribed Image Text:3. The first step in the planning process is to:
a. Setting standards
b. Setting organizational, division or unit goals
reach goals
Intermediate plans are set by
а. Тор
5. A company mission is a statement of the organization's:
a. Accounts and responsibilities
b. Purpose
6. The purpose of strategic planning is to find ways in which the company can best:
a. Overcome losses
C. determining resources needed
d. developing strategies or tactics to
mib erd ai tariW
ost bris vpeiele noewie
management.
C. lower
4.
b. middle
d. all of the above
C. net worth
d. structure
b. Use its strengths to take advantage of attractive opportunities in the environment.
C. Avoid paying taxes.
d. Avoid the expense of costly research and development while still getting the benefits.
7.
This presents an overall view of the marketing project and its potential
a. Budget
8. This a written document that states that the quantity of output a company must produce in broad
terms and by product family.
a. Marketing Plan
b. Financial Plan
b. Policies
c. Plan
d. Executive Summary
C. Production Plan
d. Strategic Plan
9. They are broad guidelines to aid managers at every level in making decisions about recurring
situations or function.
b. Policiesm bns noieiv neewic. Procedureert ei tenW d. Rules
a. Budget
10. These are plans that are used again and again, and they focus on managerial situations that
happen repeatedly.
a. Standing Plans
b. Single-Use Plans
c. Strategic Plans
d. Tactic
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