Question 6. 6. Monitoring operating results and comparing actual results with th

Question

Question 6.6. Monitoring operating results and comparing actual results with the expected results is (Points : 1)        Planning
       Directing
       Improving
       Controlling Question 7.7. Controlling operations involves (Points : 1)        Monitoring the operating results of implemented plans and comparing actual results
       Developing the organization’s objectives and goals
       Deciding how to respond to unfavorable performances
       Running the day to day activities Question 8.8. The philosophy of controlling by comparing actual and expected results is called (Points : 1)        Directing
       Strategic Planning
       Management by exception
       Feedback Question 9.9. The process of improving is used by managers for (Points : 1)        Determining goals
       Continuous improvement
       Monitoring results
       Responding to unfavorable performances Question 10.10. Decision making is (Points : 1)        Only used in planning
       Not important for managers
       Used only in long range planning
       Inherent in all management processes Question 11.11. Strategic planning is developing long-range actions to achieve the company’s objectives. Long-range courses of action, called strategies, can often involve periods of (Points : 1)        1-2 years
       0-1 year
       3-5 years
       5-10 years Question 6.6. Monitoring operating results and comparing actual results with the expected results is (Points : 1)        Planning
       Directing
       Improving
       Controlling

Explanation / Answer

Solution:

6 The answer to the question is Controlliing. This is the spetp of Strategic planning to compare budgets and actuals 7 The answer to the question is - Monitoring the operating results of implemented plans and comparing actual results 8 The answer to the question is - Management by exception. 9 The answer to this question is - Responding to unfavourable perofrmances

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