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Exam 3: Supervisory Planning

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Question 41

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Since budgeting is associated with control,the preparation of a budget should be left to higher-level management and supervisors should have no hand in it.

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Question 42

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Supervisors should not bother others when planning for the short-term because it will only pull employees away from what they are paid to do.

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Question 43

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The process of creating objectives and making choices that will allow an organization to achieve its long- and short-term goals is called strategic planning.

What is knowledge management?

Planning at the supervisory level of an organization tends to be more detailed than planning that occurs at top levels.

A _____ is a directive that mustbe applied and enforced wherever applicable.

Which of the following statements about a budget is true?​

A(n) _____ reflects the philosophy and purpose of an organization asdefinedby its top leadership.

Management by objectives (MBO)is a management approach in which managers,supervisors,and employees jointly set objectives against which performance is later evaluated.

A _____ is a standing plan that defines the sequence of activities to be performed to achieve objectives.

Samantha,a supply chain manager at a consumer goods packaging company,tries to gather information about the industry leaders to gain insights into the best policies and procedures they use.This helps her upgrade the procedures and policies of her own company.This is an example of:

What is a major disadvantage to telecommuting? What are companies doing to deal with this issue?

Planning involves asking the who,when,where,why,and how questions.

A(n) _____ is a long-term plan developed bytop management.

Raul works every day from 10:00AM to 2:00PM.He works an additional four hours every day when it is convenient.This is an example of:

Good planning guarantees desired results​

Policies enable supervisors to arrive at similar decisions to those that their managers would make.

How can a well thought-out mission or vision statement be helpful to an organization undergoing a crisis?

The determination of specific,measurable,and verifiable objectives is the foundation of management by objectives.

A just-in-time inventory control system is a system for scheduling employees.