What would be a typical time horizon of a strategic plan?A) 2-5 weeksB) 2-5 monthsC) 2-5 yearsD) 2-5 decadesStrategic plans are expected to haveoperational plans.B) a longer time horizon thanD) this depends on the organisationA) a shorter time horizon thanC) the same time horizon asOnce a strategic plan is established, it should always beA) flexibleB) followedC) abandonedD) changed to a different plan

Typical time horizon of a strategic plan would be 2-5 years. As strategic planning is an…

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Principles of Management

OER 2019th Edition

ISBN:9780998625768

Author:OpenStax

Publisher:OpenStax

Chapter17: Organizational Planning And Controlling

Section: Chapter Questions

Problem 1CTQ: What do you think are some of the difficulties of adding 25 percent more employees for the holiday...

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What did you learn about some of the real benefits and limitations of planning by watching this video?
What do you think are some of the difficulties of adding 25 percent more employees for the holiday season? what kind of planning do you think would be needed?
24- According to the hierarchy of plans, which of the following belongs to long term plans? a. Programmes b. Strategies c. Rules d. Budgets
Mangement Effective planning requires careful consideration of various factors such as available resources, potential risks, and stakeholders' needs. It involves analyzing the current situation, forecasting future trends, and developing strategies to navigate uncertainties. Additionally, communication plays a vital role in planning, as it ensures that all team members are aligned with the objectives and understand their roles and responsibilities. Moreover, flexibility is essential in planning, as circumstances may change, requiring adjustments to the original plan while still maintaining the focus on achieving the desired outcomes. Question: How can stakeholders' needs be integrated into the planning process to ensure successful outcomes?
A plan is prepared that is long-term in nature and it was decided what activities will be done for achieving the plan. It was also decided how many employees will be needed, capital for achieving goals, and what type and how big of an office or land is needed for achieving this plan. Which hierarchy of plan is discussed? a. Strategy b. Procedures c. Policies d. Objectives
مبادئ الإدارة 1 نظري Operational plans are usually Select one: a. long term, directional, and single use b. short term, specific, and standing C. short term,, directional, and standing d. long term, specific, and standing Previou. Jump to.,.
According to the hierarchy of plans, which of the following belongs to long term plans? a. Budgets b. Programmes c. Strategies d. Rules
Which of the following type of plan is NOT considered as long-term plan? a. Objectives b. Strategy c. Rules d. Policy
which is a better planning tool: Benchmarking or forecasting?
Which type of planning should be used in very unstable and uncertain external environments? A) short-term B) long-term D) there is no point in planning C) operational Which of the following is the correct sequence of steps in the strategic management process? A) strategy selection - SWOT analysis - strategy implementation B) strategy implementation - SWOT analysis - strategy selection C) SWOT analysis - strategy implementation - strategy selection D) SWOT analysis – strategy selection - strategy implementation Which part of an organisation's external environment does PESTEL analysis cover? A) micro environment B) macro environment C) both micro and macro environments D) neither of the two
There are several steps in the planning process. Review the variations shown in the table below. Which list is correct? A 1. Analysis + mission strategy 2. Mission + goals plans 3. Operational goals > tactics 4. Strategic plans > tactical plans 5. Tactical goals > operational goals 6. Strategic goals > operational plans B 1. Analysis + mission strategic goals 2. Mission strategic goals > plans 3. Strategic goals + plans > tactical goals 4. Plans + tactical goals > tactical plans 5. Goals tactical plans > operational goals 6. Tactical plans + operational goals > plans Which list of steps reflects the best order for the planning process? A O B с O O с 1. Tactical plans lead to strategic goals. 2. Strategic goals lead to strategic plans. 3. Plans are based on tactical goals. 4. Plans are based on operational goals. 5. Goals based on environmental analysis. 6. Analysis determines the mission.
Use the attached scenario to answer the following: a. Identify and discuss the type of strategy, based on what was discussed in the course that Peter needs to adopt. Information from the scenario must be included to support the discussion. Must include (Type of Strategy DefinitionIntended Strategy- A type of strategy a business or organisation intends.Realised Strategy- A strategy that an organisation follows.Emergent Strategy- An unplanned strategy that an organisation identifies in response to unexpected opportunities and challenges.Non-realised strategy- The abandoned parts of an intended strategy. Deliberate Strategy- The portion of an intended strategy that is still pursued over time) b. Clearly identify and discuss three (3) internal and three (3) external drivers, as discussed in the course which Peter needs to consider as part of his strategic planning exercise relative to the case presented. Information from the scenario must be included to support the discussion.

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