4 Mgmt Multiple Choice

1. _________ is done by middle management, whereas the top management does the_________.1 Operational planning , strategic planning2 Strategic planning, tactical planning3 Intermediate planning , strategic planning4 Tactical planning , operational planning5 Strategic planning , operational planning2. An organization’s _______ is the organization’s purpose or fundamental reason forexistence.1. Goal2. Plan3. Mission4. Vision5. Strategic plan3. ___________ Plans specify the details on how overall objectives are to be achieved.1. Tactical2. Strategic3. Long term4. Short term5. Operational4. Strategic planning:1. Addresses the organization’s basic mission and vision, issuing statements of purpose ordirection that have a long term goal.2. Involves managers in each unit of an organization who are responsible for achieving theunit’s objectives within a specified period of time.3 Looks specifically at resources, finances, and market conditions to determine ways toaccomplish the overall plans of the organization.4. Determines the day-to-day operations within an organization.5. None of the above

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