Which one of the following is the end point that represents the completion of major activities in a PERT Network?

• A) Critical path
• B) Slack time
• C) Event
• D) Activity

The SWOT approach assesses an organization's:

• A) Speed, Wants, Order, Timing
• B) Strengths, Weaknesses, Opportunities, Threats
• C) Studies, Workflows, Opportunities, Trials
• D) Signs, Worries, Objectives, Techniques

What would be the best description of plans that focus on the broad future of the organization and incorporate both external environmental demands and internal resources into managers' actions?

• A) Operational plans
• B) Strategic plans
• C) Tactical plans
• D) Holistic plans

A company should develop its plan in which one of the following orders?

• A) Strategic, tactical, mission, and operational
• B) Mission, operational, strategic, and tactical
• C) Mission, tactical, strategic, and operational
• D) Mission, strategic, tactical, and operational

The set of processes involved in creating or determining the strategies of the organization is called:

• A) Strategy formulation
• B) Strategy implementation
• C) Strategy evaluation
• D) Strategy imitation

Which of the following can be defined as the art and science of formulating, implementing and evaluating cross-functional decisions that enable an organization to achieve its objectives?

• A) Strategy evaluation
• B) Strategic management
• C) Strategy formulation
• D) Strategy implementation

As a transportation manager you are supposed to select transportation routes to minimize shipping cost. Which optimum technique will be used?

• A) Linear programming
• B) Forecasting
• C) Budgeting
• D) Project management

Operational plans are normally associated with which of the following organizational levels?

• A) International or global level
• B) Business level
• C) Corporate level
• D) Functional level

Simulation model is:

• A) A service provided at a single point
• B) A number of stations draw from a single line
• C) A consistent view of what future is likely to be
• D) A mathematical imitation of reality

Which of the following is a philosophy based on converting organizational objectives into personal objectives?

• A) JIT
• B) OPO
• C) MBO
• D) ROI

Which of the following is a one-time plan specifically designed to meet the needs of a unique situation?

• A) Multipurpose plan
• B) Strategic plan
• C) Single-use plan
• D) Operational plan

Which of the following types of plans are highly interdependent and must take into account the resources and capabilities of the entire organization and its external environment?

• A) Tactical plans
• B) Budgetary plans
• C) Strategic plans
• D) Operational plans

Which one of the following planning dominates managers’ planning efforts at lower levels of the organization?

• A) Corporate
• B) Strategic
• C) Tactical
• D) Operational

The task of getting all activities done on time, within budget, and according to specifications is:

• A) None of the given
• B) Project scheduling
• C) Project planning
• D) Project management

Which one of the following is the future end results that usually set by middle management for specific department or unit?

• A) Strategic goals
• B) All of the given options
• C) Operational goals
• D) Tactical goals

A well-designed goal should be:

• A) Identifiable to even the first-line supervisors
• B) Written in terms of outcomes rather than actions
• C) Short and very specific about expected outcomes
• D) Specific and within a manageable time frame

A technique to find that total revenue will be sufficient to cover total cost is called:

• A) Sales force composite
• B) Breakeven analysis
• C) Revenue budget
• D) Scenario analysis

The aspect of a strategy that specifies the range of markets in which an organization will compete is known as:

• A) Resource deployment
• B) Effective strategy
• C) Distinctive Competency
• D) Scope

An organization with outdated technology is experiencing what type of internal factor?

• A) Threat
• B) Strength
• C) Weakness
• D) Opportunity

What does distinctive competence refer to in SWOT analysis?

• A) The general efficiency of an organization
• B) The ability to copy competitors' strategies
• C) Unique strengths that allow an organization to outperform its rivals
• D) The ability to maintain the status quo in a competitive market