4) The first main component in the planning process is determining goals. What is the next step?
A) Developing a strategic mission
B) Developing a comprehensive strategy
C) Developing an array of tactics
D) Developing an operational plan
E) Developing a functioning budget
5) Which description defines the planning function of the management process?
A) Guiding and motivating employees to meet organizational objectives
B) Discussing how best to arrange an organization’s resources into a coherent structure
C) Scanning the business environment for threats and opportunities
D) Determining what an organization needs to do and how best to get it done
E) Monitoring a firm’s performance to make sure that it is meeting its goals
6) Which description identifies the organizing function of the management process?
A) Guiding and motivating employees to meet organizational objectives
B) Determining how best to arrange an organization’s resources into a coherent structure
C) Scanning the business environment for threats and opportunities
D) Monitoring an organization’s performance to ensure that it is meeting its goals
E) Determining what an organization needs to do and how best to get it done