Which of the following is true of the impact of formal planning on organizational performance?( )
A. Formal planning is associated with positive financial results.
B. Organizations that formally plan invariably outperform those that don't plan.
C. The amount of planning done is more important to high performance than the quality of planning and implementation.
D. Companies can start seeing the impact of formal planning on performance after about a year of starting the planning process.
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When formal planning fails to lead to higher performance, which of the following is most likely to be the reason for the failure?( )
A participative style of planning was used.
B. Managers were allowed too much autonomy.
C. The company emphasized the control function over other functions.
D. Constraints of the external environment.
Goals are different from plans because ______.
A. goals identify specific steps that the organization needs to achieve, and plans identify the overall mission of the organization
B. goals describe financial objectives, and plans describe objectives related to social responsibility
C. goals are important only for small companies, and plans are important only for large companies
D. goals are desired outcomes, and plans describe how those outcomes will be accomplished
Most company's goals can be classified as either ________ or ________
A. strategic; financial
B. operational; tactical
C. social; economic
D. strategic; operational
An organization's ________ goals are official statements of what an organization says, and what it wants its stakeholders to believe, its goals are
A. stated
B. seal
C. suthentic
D. implicit