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XMGT 230 Week 3 Knowledge Check

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1.A pattern of actions and use of resources that is developed withthe intention to achieve the goals of an organization is referred to as

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a mission development

strategic operationalizing

a strategy

tactical plans

2.How long is the time horizon for a strategic plan?

1 to 3 years

3 to 7 years

3 to 5 years

1 to 5 years

17.Decisions about the organization’s long-term goals are called?

SMART goals

Strategic goals

Strategic planning

Mission planning

3.Which of the following refers to the translation of broad strategic

goals and plans into specific goals and plans?

Operational planning

Tactical planning

Bottom-up planning

Traditional planning

4.What level of management creates the tactical plan?

Employee team leads

Frontline leaders

Executive level

Middle management

5.If the strategy calls for the rollout of a new product line, the tactical

plan for the manufacturing unit may involve which of the following?

A.Develop profit and return on investment goals for the new product line

B.Design, test, and install the equipment needed to produce a new product line

Schedule production runs

D.Identify capital and human resources requirements

6.Which of the following refers to the process of identifying the specific procedures and processes required at lower levels of the organization?

Operational planning

Tactical planning

Contingency planning

Divisional planning

7.To be effective, the organizationâs strategic, tactical, and

operational plans must be?

Aligned

Defined

Scoped

Direct

8.Typical operational planning might focus on which of the following?

A.Production scheduling and training of personnel

B.Profit levels, share value, growth, and return on investment

C.Advertising expenditures, sales levels, and product use innovations

D.Retention levels, benefits usage, and value

9.What types of plans are referred to as âwhat ifâ?

Operational plans

Tactical plans

Contingency plans

Strategic plans

10.What do we call the alternative plan when the initial strategic plan

is not working?

Operational plans

Tactical plans

Contingency plans

Personalized plans

11.What is another name for a contingency plan?

Tactical plan

Operation plan

Disaster plan

Strategic plan

12.What is the first step in the formal planning process?

Goal and plan evaluation

Alternative goals and plans

Monitor and control

Situational analysis

13.Who is responsible for the organization’s strategic plan?

Middle management

First-line supervisors

Tactical managers

Senior executives

18.The three levels of planning are

strategic, business, and operational

strategic, synergistic, and operational

visionary, strategic, and operational

strategic, tactical, and operational

14.Which environmental scan analysis looks at interest groups?

Macroeconomic Analysis

Technological Analysis

Tactical Analysis

Social Analysis

15.Environmental analysis examines which of the following?

Organizational culture

Competitor profile

The key stakeholders

Stockholders

16.What is the first process in an environmental scan analysis?

Tactical planning

Examination of the industry

Strategic planning

Operational assessment

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