Management Science Quiz 04

The most current flow of formalized planning process is initiated at

The top and bottom and flows toward the middle

The bottom and flows upwards

The top and flows downwards

The middle levels and flows up and down

Correct! Wrong!

The best way to keep up with socio-cultural trends is through

Contacting government agencies

Wharton econometric model

Delphi technique

Reading trade journals

Correct! Wrong!

Several results are known to be a product of formalized planning .Which is the least likely?

The need for control will decrease

Performance will improve

The company will grow faster

Profits will improve

Correct! Wrong!

What is the typical time horizon for long-range(strategic) plans for most organizations?

1 year

3 to 6 months

5 years

10 years

Correct! Wrong!

The accuracy of a forecast is least dependent upon

The plan

The time span involved

The predictability of the variables

The number of influencing variables

Correct! Wrong!

Which of the following represents the proper sequence of events?

Planning-control-execution

Planning-executive-control

Control-executive-planning

Execution-planning-control

Correct! Wrong!

When performance is measure and evaluated against the plans, several alternatives may be pursed. Which of the following would probably NOT be a viable option?

Modify the plans

Modify the measurement technique

Modify operations

Take no action.

Correct! Wrong!

The forecasting technique involving expert-opinions is

Sale force composite

Correlation analysis

Time - Series forecast

Econometric model

Correct! Wrong!

Three types of plans are usually used in large business corporations. Which of the following is least useful?

Annual

Strategic

Informal

Short-range operational

Correct! Wrong!

The most popular technological forecasting method is

Delphi technique

Model building

Trend extrapolations

Scenario writing

Correct! Wrong!

Management Quiz 04

Shahbash !

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Management Science Quiz 04

The most current flow of formalized planning process is initiated at

The best way to keep up with socio-cultural trends is through

Several results are known to be a product of formalized planning .Which is the least likely?

What is the typical time horizon for long-range(strategic) plans for most organizations?

The accuracy of a forecast is least dependent upon

Which of the following represents the proper sequence of events?

When performance is measure and evaluated against the plans, several alternatives may be pursed. Which of the following would probably NOT be a viable option?

The forecasting technique involving expert-opinions is

Three types of plans are usually used in large business corporations. Which of the following is least useful?

The most popular technological forecasting method is

About the author

Muhammad Arslan

The most current flow of formalized planning process is initiated at

The best way to keep up with socio-cultural trends is through

Several results are known to be a product of formalized planning .Which is the least likely?

What is the typical time horizon for long-range(strategic) plans for most organizations?

The accuracy of a forecast is least dependent upon

Which of the following represents the proper sequence of events?

When performance is measure and evaluated against the plans, several alternatives may be pursed. Which of the following would probably NOT be a viable option?

The forecasting technique involving expert-opinions is

Three types of plans are usually used in large business corporations. Which of the following is least useful?

The most popular technological forecasting method is

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About the author

Muhammad Arslan