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chapter 4 planning and organizing name kailey h date september 2, 2025 …

Question

chapter 4
planning and organizing
name kailey h
date september 2, 2025
scoring record
perfect score: part a 20, part b 10, part c 5, total 35
my score: (blank)
study guide
part a—directions: indicate your answer to each of the following questions by writing either yes or no in the answers column.

  1. should a business plan include a detailed financial analysis showing the potential profitability of the firm?
  2. are all business managers involved in planning in some way?
  3. do plans serve as guides for decision making?
  4. does planning usually result in more communication and coordination problems in the business?
  5. is long - term planning that provides broad goals and directions for the entire business known as operational planning?
  6. is the development of a business plan an example of strategic planning?
  7. is external analysis the first step in strategic planning?
  8. are supervisors usually responsible for strategic planning?
  9. does operational planning include decisions about the resources that will be needed to get the work done in a specific area of the business?
  10. are goals statements of the results that a business expects to achieve?
  11. is it better for goals to be general rather than specific?
  12. does a schedule include both the identification of tasks to be completed and the time needed to complete each task?
  13. is a schedule a measure against which something is judged?
  14. is a policy more specific than a procedure?
  15. does an organization chart show the reporting relationships among the organization’s personnel?
  16. as a business grows, does the number of major divisions in the organization usually decrease?
  17. is authority the obligation to do an assigned task?
  18. in an effective organization, do most employees have more than one supervisor from whom they receive job assignments?
  19. in general, is the span of control larger at the lower levels of an organization than at the higher levels?
  20. is the most flexible type of organizational structure the matrix organization?

total score

Explanation:

Response

To solve these business - related true - false (yes/no) questions, we analyze each one based on business management and planning concepts:

Question 1

A business plan needs to show the potential profitability of the firm to attract investors, secure loans, and guide the business. So the answer is yes.

Question 2

All business managers, regardless of their level (top, middle, or first - line), are involved in planning in some capacity, whether it's strategic, tactical, or operational planning. So the answer is yes.

Question 3

Plans are made to provide a clear direction for the business. When making decisions, managers refer to these plans to ensure that the decisions are in line with the business's goals. So the answer is yes.

Question 4

Planning actually helps in reducing communication and coordination problems as it clarifies roles, tasks, and timelines. So the answer is no.

Question 5

Long - term planning that provides broad goals and directions is strategic planning, while operational planning is short - term and focuses on day - to - day operations. So the answer is no.

Question 6

Developing a business plan, which outlines the overall strategy of the business, is an example of strategic planning. So the answer is yes.

Question 7

The first step in strategic planning is usually an internal analysis (assessing the company's strengths and weaknesses) followed by an external analysis (assessing opportunities and threats). So the answer is no.

Question 8

Strategic planning is usually the responsibility of top - level managers (like executives and senior management), while supervisors are more involved in operational planning. So the answer is no.

Question 9

Operational planning is about the details of how to get the work done in a specific area, including the resources needed. So the answer is yes.

Question 10

By definition, goals are the statements of the results that a business expects to achieve. So the answer is yes.

Question 11

Goals are more effective when they are specific (SMART goals: Specific, Measurable, Achievable, Relevant, Time - bound). General goals are not as useful for guiding the business. So the answer is no.

Question 12

A schedule is a plan that includes identifying tasks and the time required to complete each task. So the answer is yes.

Question 13

A standard or a criterion is a measure against which something is judged, not a schedule. So the answer is no.

Question 14

A procedure is more specific than a policy. A policy is a general guideline, while a procedure is a step - by - step guide on how to do something. So the answer is no.

Question 15

An organization chart is designed to show the reporting relationships (who reports to whom) among the organization's personnel. So the answer is yes.

Question 16

As a business grows, it usually needs to create more major divisions to handle the increased complexity and volume of work. So the answer is no.

Question 17

Authority is the right to give orders and make decisions, while the obligation to do an assigned task is responsibility. So the answer is no.

Question 18

In an effective organization, the principle of unity of command is followed, which means that an employee should have only one supervisor from whom they receive job assignments. So the answer is no.

Question 19

At lower levels of an organization, managers can usually supervise more employees (larger span of control) because the tasks are more routine and less complex. At higher levels, the span of control is smaller a…

Answer:

s:

  1. Yes
  2. Yes
  3. Yes
  4. No
  5. No
  6. Yes
  7. No
  8. No
  9. Yes
  10. Yes
  11. No
  12. Yes
  13. No
  14. No
  15. Yes
  16. No
  17. No
  18. No
  19. Yes
  20. Yes