MGMT 3330 Final Exam 2026/2027 Actual Exam
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Describe the basic control process - ANSWER-a
regulatory process of est. standards to achieve
organizational goals, comparing actual performance to the
standards, and taking corrective action when necessary
In Covey's activity table, which table is most important to
focus on for self-managers? - ANSWER-Quadrant II
Benefits of Planning - ANSWER-persistence
intensified effort
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direction
creation of task strategies
Downside of Planning - ANSWER-Detachment of planners
Impedes change of adaptions
False sense of security
What are the limits of rational decision making? -
ANSWER-Time constraints
Money constraints
Explain the group decision techniques - ANSWER-Group
think
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How to make a plan that works - ANSWER-Setting goals -
they need to be specific and challenging and they need to
be realistic
Develop commitment to goals - Allow employees to be a
part of the goal setting process
Develop effective action plans - list the steps, name the
people involved in each step, what are the resources
being used, and what is the time period
Purpose statement - ANSWER-one sentence that is
inspirational to an organization's purpose
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Strategic Plans - ANSWER-overall goal that unifies efforts,
stretches and challenges, and has a finish line and time
frame
Tactical Plans - ANSWER-Specify how a company will use
resources, budgets, and people to accomplish the goals
Operational Plans - ANSWER-Day-to-day plans for
producing or delivering products and services over a
period of 30 days to 6 mo
Kinds of operational plans - ANSWER-Single-use plans:
plans that cover unique, one-time-only events