85) How can managers effectively plan when the external environment is continually changing?
A) They should discontinue formal planning.
B) They should set general, but rigid plans.
C) They should be ready to change directions if environmental conditions warrant.
D) They should continue to follow the set organizational plans as persistence will eventually pay.
86) Which of the following statements is true of planning in dynamic environments?
A) Organizations should follow a pyramidal structure when operating in uncertain environments.
B) Organizations must discontinue formal planning in such a scenario.
C) To be useful in a dynamic environment, plans need to be specific and unchanging.
D) Flatter organizational hierarchies are necessary for planning in uncertain environments.
87) A manager’s analysis of the external environment can be improved by ________, which
involves screening information to detect emerging trends.
A) environmental scanning
B) environmental activism
C) critical path analysis
D) social screening
88) ________ refers to gathering information about competitors that allows managers to
anticipate competitors’ actions rather than merely react to them.
A) Due diligence
B) Competitor intelligence
C) Data aggregation
D) Value analysis