Strategic plans are usually ______.
A. short term, directional, and standing
B. short term, specific, and standing
C. long term, directional, and single use
D. long term, specific, and standing
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______ plans apply to the entire organization and establish the organization's overall goals.
A. Departmental
B. Strategic
C. Operational
D. Specific
Long-term plans are defined as those with a time frame beyond ______.
A. seven years
B. one year
C. five years
D. three years
Which of the following is an example of a standing plan?( )
A. a retail chain's plan to counter the entry of a new competitor
B. a plan developed to address a sudden, unanticipated surge in demand
C. a fire escape policy establishing practices to be followed in an emergency
D. a plan to cope with radical changes in the political environment
In ______, goals set by top managers flow down through the organization and become subgoals for each organizational area.
A. management by objectives
B. management by observation
C. traditional goal setting
D. management by exception
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