Question 11Not yet answeredPoints out of 1.00Flag questionQuestion text

Nike, Inc. is a sportswear and equipment manufacturer that serves a multitude of sports disciplines. Which of the following statements from Nike would be the best example of a strategic goal?

Select one:

a.

accelerating growth through focused execution

b.

a ten percent increase in average annual sales

c.

a seven percent increase in average annual income

d.

achieving a return on investment of 17 percent

Question 12Not yet answeredPoints out of 1.00Flag questionQuestion text

When making editorial decisions for his newspaper, the owner/editor mostly picks issues that are in line with his political beliefs and those that his advertisers approve of despite his publicly stated goal "to be a champion for free speech and for the development of the community." This indicates that ________.

Select one:

a.

the company's strategic goals do not leave any room for interpretation

b.

the company's goals are directional in nature

c.

the company's financial goals derive from its strategic goals

d.

the company's stated goals are not its real goals

Question 13Not yet answeredPoints out of 1.00Flag questionQuestion text

Directing and motivating are part of the controlling function of management.

Select one:

True

False

Question 14Not yet answeredPoints out of 1.00Flag questionQuestion text

When uncertainty is high and managers must be flexible in order to respond to unexpected changes, directional plans are preferable.

Select one:

True

False

Question 15Not yet answeredPoints out of 1.00Flag questionQuestion text

In traditionally structured organizations managers can be classified as first-line managers, middle managers, or top managers.

Select one:

True

False