Question 1

Avoiding performance issues ultimately increases the organization's overall effectiveness,

Accepted Answer

A) True 
 B)False

Question 2

What is a tangible objective

Accepted Answer

An objective is tangible when you can ex...

Question 3

A general objective has a much greater chance of being accomplished than a specific one.

Accepted Answer

A) True 
 B)False

Question 4

Which of the following indicators of performance is easier to describe and quantify?

Accepted Answer

A)   Commitment
B)   Knowledge
C)   Attendance
D)   MotivationE) A) and C)
F) C) and D)

Question 5

________________ is about how companies manage their business processes to produce an overall positive impact on society.

Accepted Answer

Corpor ate...

Question 6

The discipline of creating a Balanced Scorecard forces companies to integrate what two functions

Accepted Answer

The discipline of creating a B...

Question 7

A Balanced Scorecard relies on which of the following processes to bind short-term activities to long-term activities?

Accepted Answer

A)   Communicating the vision
B)   Performance metrics
C)   Communicating and linking
D)   Succession planningE) A) and B)
F) A) and C)

Question 8

What is the broader principle behind MBO

Accepted Answer

The broader principle behind MBO is to m...

Question 9

Characteristics of MBO includes which of the following?

Accepted Answer

A)   Systematic and organized approach
B)   Aims to improve employee morale
C)   It improves communication by centralizes decision making
D)   Used by managers to track their best customersE) A) and C)
F) A) and B)

Question 10

Goals are typically not set for the organization, but for the stakeholders outside the organization.

Accepted Answer

A) True 
 B)False

Question 11

The Dow Jones Sustainability index looks at competence in which of the following areas?

Accepted Answer

A)   Customer loyalty
B)   Technological
C)   Financial
D)   Employee retentionE) A) and B)
F) None of the above

Question 12

Goals and objectives serve to accomplish all of the following EXCEPT:

Accepted Answer

A)   Gauge and report performance
B)   Improve performance
C)   Align effort
D)   Align goals with objectivesE) A) and B)
F) C) and D)

Question 13

_______________ is the net profit divided by total sales.

Accepted Answer

Return on ...

Question 14

Objectives typically include which of the following?

Accepted Answer

A)   Be related directly to the values of the company
B)   Reflect in the strategic plan
C)   Be clear, concise, and understandable
D)   Be stated in terms of the corporate missionE) B) and C)
F) None of the above

Question 15

Which of the following questions should be addressed to determine whether your objective is measurable?

Accepted Answer

A)   What do I want to accomplish?
B)   How will I know when it is accomplished?
C)   What are the requirements and constraints?
D)   Who is involved?E) A) and D)
F) B) and C)

Question 16

Goals and objectives are a not a basis for reward systems.

Accepted Answer

A) True 
 B)False

Question 17

By supplying a mechanism for strategic feedback and review, the Balanced Scorecard helps organizations foster what kind of learning

Accepted Answer

The Balanced Scorecard helps o...

Question 18

Financial outcomes are often short-term in nature and consequently focusing too much on financial measures may lead managers to overlook other key factors that might be very important to the longer-term viability of the organization.

Accepted Answer

A) True 
 B)False

Question 19

According to Drucker, managers should focus on the activity, not the result.

Accepted Answer

A) True 
 B)False

Question 20

The Balanced Scorecard is aimed to make key improvements on a simple ________ system, particularly by more clearly tying goals and objectives to vision, mission, and strategy by branching out beyond purely financial goals and objectives.

Accepted Answer

The answer of The Balanced Scorecard is aimed to make...

Exam 6: Goals and Objectives

A general objective has a much greater chance of being accomplished than a specific one.

Correct AnswerverifiedShow Answer

The discipline of creating a Balanced Scorecard forces companies to integrate what two functions

Correct AnswerverifiedThe discipline of creating a B...View AnswerShow Answer

_______________ is the net profit divided by total sales.

Correct AnswerverifiedReturn on ...View AnswerShow Answer

According to Drucker, managers should focus on the activity, not the result.

Correct AnswerverifiedShow Answer

Objectives typically include which of the following?

Correct AnswerverifiedShow Answer

What is a tangible objective

Correct AnswerverifiedAn objective is tangible when you can ex...View AnswerShow Answer

Goals are typically not set for the organization, but for the stakeholders outside the organization.

Correct AnswerverifiedShow Answer

Which of the following indicators of performance is easier to describe and quantify?

Correct AnswerverifiedShow Answer

Which of the following questions should be addressed to determine whether your objective is measurable?

Correct AnswerverifiedShow Answer

Characteristics of MBO includes which of the following?

Correct AnswerverifiedShow Answer

________________ is about how companies manage their business processes to produce an overall positive impact on society.

Correct AnswerverifiedCorpor ate...View AnswerShow Answer

Avoiding performance issues ultimately increases the organization's overall effectiveness,

Correct AnswerverifiedShow Answer

Financial outcomes are often short-term in nature and consequently focusing too much on financial measures may lead managers to overlook other key factors that might be very important to the longer-term viability of the organization.

Correct AnswerverifiedShow Answer

A Balanced Scorecard relies on which of the following processes to bind short-term activities to long-term activities?

Correct AnswerverifiedShow Answer

The Dow Jones Sustainability index looks at competence in which of the following areas?

Correct AnswerverifiedShow Answer

The Balanced Scorecard is aimed to make key improvements on a simple ________ system, particularly by more clearly tying goals and objectives to vision, mission, and strategy by branching out beyond purely financial goals and objectives.

Correct AnswerverifiedShow Answer

Goals and objectives serve to accomplish all of the following EXCEPT:

Correct AnswerverifiedShow Answer

Goals and objectives are a not a basis for reward systems.

Correct AnswerverifiedShow Answer

What is the broader principle behind MBO

Correct AnswerverifiedThe broader principle behind MBO is to m...View AnswerShow Answer

By supplying a mechanism for strategic feedback and review, the Balanced Scorecard helps organizations foster what kind of learning

Correct AnswerverifiedThe Balanced Scorecard helps o...View AnswerShow Answer

Correct Answer
verified

Correct Answer
verified
The discipline of creating a B...
View Answer

Correct Answer
verified
Return on ...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
An objective is tangible when you can ex...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
Corpor ate...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The broader principle behind MBO is to m...
View Answer

Correct Answer
verified
The Balanced Scorecard helps o...
View Answer