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Terms in this set (33)Which of the following is the first step of management by objectives? -Setting organizational goals ________ involves selecting the various goals that an organization wants to achieve and the strategies to be taken to ensure that those goals are accomplished. -Planning ________ is the first of the management functions, so it establishes the basis for the other functions. -Planning ________ aims to increase market share by promoting sales aggressively in existing markets. -market pentration ________ is the process of determining outcomes for each area and associate. -Goal setting ________ is the process of acquiring ownership or control of competitors with similar products in the same or similar markets. -Horiztonal integration Which of the following statements is true of operational plans? -They are generally created for periods of up to one year & they fit in with the strategic plan ________ is the prediction of future outcomes. -Forecasting ________ creates the long-range plans that steer an organization toward its goals in the accomplishment of its mission and vision. -Strategic planning Which of the following is true of strategic planning? -It involves creating a short-term strategy for how an organization will meet its mission Which of the following statements is true of informal planning? -it is often done last minute ________ is a strategy in which a company expands its operations by entering new markets—this is in addition to concentrating on existing markets. -Geographic expansion Which of the following is the first step of operational planning? -Setting goals Which of the following corporate-level strategies involves companies expanding into other types of businesses? -Diversification Which of the following is the first step of management by objectives? -Setting organizational goals ________ is the process of screening large amounts of information to anticipate and interpret changes in the environment. -Environmental Scanning The difference between a theme park and an amusement park is: -The unifying theme All of the following are examples of planned play environments except: -Strip Malls Regional theme parks draw guests from a(n) ________ geographic area while national theme parks draw guests from a __________ geographic area. -Smaller; Larger The Mall of America is considered to be: -Urban entertainment center Attractions and theme parks are often referred to as planned play environments because: -They are specifically designed to be self-contained entertainment areas Which of the following is not a theme park? -Circus circus Having an attraction in the community can boost the local economy by: -providing venues for local residents
to visit The Convention and Visitors Bureau partners with the attraction to: -Promote the attraction and all the town has to offer to potential visitors A primary travel destination is one that: -Visitors select as the sole purpose of their trip Forecasting is: -The prediction of future outcomes The first step in the operational planning process is to evaluate alternatives. -False The strategic plan is designed by the executive leaders and is designed to: -Identify where the organization is and where it wants to go Planning involves the various goals an organization wants to achieve and the strategies that must be employed to reach them.T/F? -True Executives in the hospitality industry determine the ____________ health of an organization and use these as measures to determine future goals. -Financial and organizational A SWOT analysis is used to assess the internal strengths and weaknesses of an organization.T.F? -True When goals are being set, they should: -Be specific, measurable, and achievable The two main types of planning are known as strategic and inspirational. -False Sets found in the same folderChapter 10: Recreation36 terms gabbydonato5 Chapter 11: Gaming Entertainment51 terms gabbydonato5 Chapter 12: Meeting Conventions & Expositions43 terms gabbydonato5 Chapter 13: Special Events52 terms gabbydonato5 Other sets by this creatorPhone Training Part 222 terms gabbydonato5 Phone Training24 terms gabbydonato5 Evidence-Based Practice19 terms gabbydonato5 Chapter one19 terms gabbydonato5 Verified questions
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Information Technology Project Management: Providing Measurable Organizational Value5th EditionJack T. Marchewka 346 solutions Other Quizlet setsCog psych final71 terms coms16590 Fluid Shifts (ascites) (pleural effusion)10 terms Bheng08Plus Pharm. Ch.1340 terms Shelbyr142 What is the first step in the planning process model?The first step in the process of planning is to set the objective for the plan. The managers set up very clearly the objectives of the company keeping in mind the goals of the company and also the physical and financial resources of the company.
Which step comes first in strategic planning quizlet?Which step comes first in strategic planning? b. Set objectives.
Which of the following is the next step after identifying alternatives in the planning process model?Evaluating alternative courses: After identifying different alternatives the next step is to evaluate each alternative.
Should be the initial step in the planning process?Setting objectives is the primary step in planning. Objectives or goals specify what the organisation wants to achieve.
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Which of the following is the first step in the planning process model quizlet?
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