1. Of the four primary management functions organizing usually precedes planning.
a. true
b. false
2. Planners need not have significant practical experience within the organization if they have good human relations skills.
a. true
b. false
3. The overall organizational objectives and the subobjectives assigned to the various people or units of the organization is referred to as suboptimization.
a. true
b. false
4. The high failure rate of new businesses seems primarily a consequence of inadequate planning.
a. true
b. false
5. One of the advantages of an MBO program is that it continually emphasizes what should be done in order for the organization to reach its goals.
a. true
b. false
6. Management should never give rewards for the achievement of goals established by MBO.
a. true
b. false
7. XYZ Corporation sets an objective to increase its market share by 5% within 3 years. This is an example of a(n) ________ objective.
a. suboptimal
b. short-term
c. principled
d. long-term
e. intermediate-term
8. A key element of any MBO program is top management support and commitment.
a. true
b. false
9. The process of determining how the management system will achieve its objectives is planning.
a. true
b. false
10. MBO programs increase the volume of paperwork in an organization.
a. true
b. false
11. Management-by-objectives is only a valuable tool for profit-seeking organizations.
a. true
b. false
12. Managers should establish objectives for employees that are in easy reach.
a. true
b. false
13. What an organization exists to do, given a particular group of customers and customer needs, is an organizational objective.
a. true
b. false