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Chapter 4 - Second Quizz chapter 4
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  • Each line maps to a question.
  • If the delimiter is used in a question, the question should be surrounded by double quotes: "My, question","My, answer"
  • The first answer in the multiple choice question must be the correct answer.

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A procedure is a
 
sequence of steps to be followed for performing a specific task
 
guideline in making decisions.
 
getting the objective achieved
 
Goal Setting
A Standard is.......................
 
specific measure against something that is judged.
 
IS a specific saying or slogan
 
democratic
 
open leader
Is a schedule a time plan for reaching objectives?
 
True
 
False
A budget is a written financial plan that
 
is set for a specific period of time to see how a business will spend money
 
Income
 
Surplus
 
Expenses
Operational plans are based on a businesses .............
 
Strategic planes and are developed after the strategic plan is completed.
 
How to achieve goals
 
Never achieving goals.
 
Autocratic leader
A mission is.....................
 
short specific statement of the business purpose.
 
the companies reason for existing.
 
levels of management
 
management styles
4. Internal Analysis is about the................?
 
Strengths and weaknesses
 
Opportunities and threats
 
Threat
 
Opportunity
3. Strategic planning is about
 
long term and provides broad goals and direction for the business.
 
short term and identifies specific goals and activities
 
Planning
 
Organizing
2. Competitive advantage is when a business has special capabilities of a company that other don't have.
 
True
 
False
1. A business plan is......................?
 
A written description of the nature of the business.
 
A written description of the mission and vission
 
A goal setting approach
 
Strategic planning


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