Xmgt/230 Essay

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Week 3 Knowledge Check Study Guide Concepts Mastery Score: 18 / 18 Questions Strategic Planning 100% 1 2 17 Tactical Planning 100% 3 4 5 Operational Planning 100% 6 7 8 Contingency Planning 100% 9 10 Planning Fundamentals 100% 12 13 18 100% 14 15 16 Factors Influencing Planning 11 Concept: Strategic Planning Mastery 100% Questions 1 2 17 1. A pattern of actions and use of resources that is developed with the intention to achieve the goals of an organization is referred to as A. a mission development B. strategic operationalizing C. a strategy D. tactical plans Correct: The Correct Answer is: C. “A strategy is a pattern of actions and resource allocations designed to achieve the goals of the organization” (Bateman & Snell, 2011, p. 131). 2. How long is the time horizon for a strategic plan? A. 1 to 3 years B. 3 to 7 years C. 3 to 5 years D. 1 to 5 years Correct: The Correct Answer is: B. “A strategic plan will typically have a time horizon of three to seven yearsâ¦goals and plans become more specific and involve shorter periods of time as they move from the strategic level to the tactical level and then to the operational level” (Bateman & Snell, 2011 p. 131). 17. Decisions about the organization's long-term goals are called? A. SMART goals B. Strategic goals C. Strategic planning D. Mission planning Correct: The Correct Answer is: C. Strategic planning is focused on developing long-term goals and strategies for the organizations. Concept: Tactical Planning Mastery 100% Questions 3 4 5 3. Which of the following refers to the translation of broad strategic goals and plans into specific goals and plans? A. Operational
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