MGMT 3301 EXAM 2 QUESTIONS & ANSWERS
Characteristics of MBO include - Answer -Systematic and organized.
Who is generally responsible for setting goals and objectives in an organization? -
Answer -Leadership
Generally, goals and objectives serve to - Answer -Auge and report performance.
Improve performance.
Align effort.
In the SMART criteria, what does the "S" stand for? - Answer -Specific
Which statement about corporate social responsibility (CSR) is accurate? - Answer -It
has been gathering momentum for over a decade.
When setting an objective, you should answer six "W" questions. Which one relates to
identifying requirements and constraints? - Answer -Which?
A manager prepared for an employee's annual performance review by creating goals
and objectives for the employee, scheduling a meeting, and presenting the employee
with the goals and objectives. The employee agreed to meet these by the following
year's annual review. What did this manager do wrong? - Answer -The manager did not
involve the employee in setting agreed upon goals and objectives prior to the meeting.
In personal scorecard, the financial goals - Answer -Capture your needs and
aspirations about money.
Best practices relating to performance reviews suggest that goals and objectives should
inspire, challenge, and - Answer -Stretch capabilities
In a personal Balanced Scorecard, __________ reflects your values and philosophy of
life. - Answer -Mission
Examples of measures used in objectives include - Answer -Stock price
The timing for a performance evaluation should coincide with - Answer -The needs of
the employee and the organization.
In the SMART criteria, what does the "R" stand for? - Answer -Realistic
Which question should be addressed to determine whether your objective is
measurable? - Answer -How will I know when it is accomplished?
, In KPMG's 2017 survey of the 250 largest companies worldwide, approximately what
percentage reported their corporate social responsibility? - Answer -93%
Your objective is probably realistic if - Answer -You believe it can be accomplished.
__________ are outcome statements that define what an organization is trying to
accomplish and __________ are very precise, time-based, measurable actions. -
Answer -Goals, objectives
Goals and objectives are an essential part of planning in that they allow an organization
to do what four key activities? - Answer -Improve performance
Align effort
Gauge and report performance
Manage accountabilities
Performance evaluation is a tool that helps managers align __________ performance
with __________ goals and objectives. - Answer -Individual, organizational
Which SMART goal is achieved by answering the questions, "What do I want to
accomplish?", "When do I want to accomplish it by?" and "Who is involved?" - Answer -
Specific
What leadership approach aims to increase organizational performance by aligning the
subordinate objectives throughout the organization with the overall goals set by
management? - Answer -Management by objectives
_________ is a constructive process to acknowledge an employee's performance. -
Answer -Performance evaluation
Of the objective statements listed below, which would be most effective for an
organization to use? - Answer -Increase sales by 20% from the last fiscal year to this
fiscal year.
When considering the planning time horizon, what represents the longest time frame?
Responses - Answer -Vision and mission
Camille has to produce a video showcasing the company's achievements over the past
25 years but she has just three weeks for the task. She must dig through a mountain of
video tapes and interview countless board members and staff. She doesn't believe she
can do the job in three weeks. The __________ SMART goal was not considered when
she was assigned this task. - Answer -Realistic
A new CEO has developed a plan that calls for company reorganization from a
functional structure to a matrix one. In a meeting with her subordinates, manager Chloe
says, "This will be great. You will still work for this area and me, but you'll have variety
and growth opportunities by reporting to a second manager for various projects. This
Characteristics of MBO include - Answer -Systematic and organized.
Who is generally responsible for setting goals and objectives in an organization? -
Answer -Leadership
Generally, goals and objectives serve to - Answer -Auge and report performance.
Improve performance.
Align effort.
In the SMART criteria, what does the "S" stand for? - Answer -Specific
Which statement about corporate social responsibility (CSR) is accurate? - Answer -It
has been gathering momentum for over a decade.
When setting an objective, you should answer six "W" questions. Which one relates to
identifying requirements and constraints? - Answer -Which?
A manager prepared for an employee's annual performance review by creating goals
and objectives for the employee, scheduling a meeting, and presenting the employee
with the goals and objectives. The employee agreed to meet these by the following
year's annual review. What did this manager do wrong? - Answer -The manager did not
involve the employee in setting agreed upon goals and objectives prior to the meeting.
In personal scorecard, the financial goals - Answer -Capture your needs and
aspirations about money.
Best practices relating to performance reviews suggest that goals and objectives should
inspire, challenge, and - Answer -Stretch capabilities
In a personal Balanced Scorecard, __________ reflects your values and philosophy of
life. - Answer -Mission
Examples of measures used in objectives include - Answer -Stock price
The timing for a performance evaluation should coincide with - Answer -The needs of
the employee and the organization.
In the SMART criteria, what does the "R" stand for? - Answer -Realistic
Which question should be addressed to determine whether your objective is
measurable? - Answer -How will I know when it is accomplished?
, In KPMG's 2017 survey of the 250 largest companies worldwide, approximately what
percentage reported their corporate social responsibility? - Answer -93%
Your objective is probably realistic if - Answer -You believe it can be accomplished.
__________ are outcome statements that define what an organization is trying to
accomplish and __________ are very precise, time-based, measurable actions. -
Answer -Goals, objectives
Goals and objectives are an essential part of planning in that they allow an organization
to do what four key activities? - Answer -Improve performance
Align effort
Gauge and report performance
Manage accountabilities
Performance evaluation is a tool that helps managers align __________ performance
with __________ goals and objectives. - Answer -Individual, organizational
Which SMART goal is achieved by answering the questions, "What do I want to
accomplish?", "When do I want to accomplish it by?" and "Who is involved?" - Answer -
Specific
What leadership approach aims to increase organizational performance by aligning the
subordinate objectives throughout the organization with the overall goals set by
management? - Answer -Management by objectives
_________ is a constructive process to acknowledge an employee's performance. -
Answer -Performance evaluation
Of the objective statements listed below, which would be most effective for an
organization to use? - Answer -Increase sales by 20% from the last fiscal year to this
fiscal year.
When considering the planning time horizon, what represents the longest time frame?
Responses - Answer -Vision and mission
Camille has to produce a video showcasing the company's achievements over the past
25 years but she has just three weeks for the task. She must dig through a mountain of
video tapes and interview countless board members and staff. She doesn't believe she
can do the job in three weeks. The __________ SMART goal was not considered when
she was assigned this task. - Answer -Realistic
A new CEO has developed a plan that calls for company reorganization from a
functional structure to a matrix one. In a meeting with her subordinates, manager Chloe
says, "This will be great. You will still work for this area and me, but you'll have variety
and growth opportunities by reporting to a second manager for various projects. This
