MNGT Test #2 Practice Problems
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Tactical plans must flow from and be consistent with
A strategic plan
When conducting a SWOT analysis, information about turnover, profit margins, and staff quality can be used to identify:
Companies strength and weaknesses.
Contingency=
Inappropriate
Raphael has set a goal of improving employee satisfaction by 10 percent over the next year. Why might this goal be inappropriate?
It is difficult to quantify.
What type of events are used in the contingency planning process?
Only those that will impact the organization.
Synergy=
Related diversification
Simplicity=
Single-Product strategy
How do tactical plans differ from strategic plans?
Tactical plans focus on people and action.
