Entire Course Link
Complete the Week Three Knowledge Check
1.A pattern of actions and use of resources that is developed withthe intention to achieve the goals of an organization is referred to as
2.How long is the time horizon for a strategic plan?
17.Decisions about the organization’s long-term goals are called?
3.Which of the following refers to the translation of broad strategic
goals and plans into specific goals and plans?
4.What level of management creates the tactical plan?
5.If the strategy calls for the rollout of a new product line, the tactical
plan for the manufacturing unit may involve which of the following?
Develop profit and return on investment goals for the new product line
Design, test, and install the equipment needed to produce a new product line
D.Identify capital and human resources requirements
6.Which of the following refers to the process of identifying the specific procedures and processes required at lower levels of the organization?
7.To be effective, the organizationâs strategic, tactical, and
operational plans must be?
8.Typical operational planning might focus on which of the following?
Production scheduling and training of personnel
Profit levels, share value, growth, and return on investment
Advertising expenditures, sales levels, and product use innovations
Retention levels, benefits usage, and value
9.What types of plans are referred to as âwhat ifâ?
10.What do we call the alternative plan when the initial strategic plan
is not working?
11.What is another name for a contingency plan?
12.What is the first step in the formal planning process?
13.Who is responsible for the organization’s strategic plan?
18.The three levels of planning are
14.Which environmental scan analysis looks at interest groups?
15.Environmental analysis examines which of the following?
16.What is the first process in an environmental scan analysis?