Chapter 3 Multiple Choice Questions

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. What is another name for contingency planning?

Synergy planning correct incorrect

Ad hoc planning correct incorrect

Business level planning correct incorrect

Scenario planning correct incorrect

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. What is a definition of an objective?

A defined specified outcome to be achieved in the long-term correct incorrect

A clear set of goals to be attained given a set number of resources correct incorrect

A clearly defined and measurable outcome to be achieved over a specified timeframe correct incorrect

A set standard of performance agreed by workers and managers correct incorrect

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. What does the acronym SMART stand for?

Suitable, measurable, actionable, rewarded and timely correct incorrect

Specific, measurable, actionable, resourced and timely correct incorrect

Standardised, measurable, achievable, rewarded, and timely correct incorrect

Specific, measurable, achievable, rewarded and timely correct incorrect

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. Which of the following is not a recognised type of plan?

Business correct incorrect

Succession correct incorrect

Ad hoc correct incorrect

Financial correct incorrect

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. To what time-frame do strategic plans relate?

Long-term correct incorrect

Medium-term correct incorrect

Short-term correct incorrect

Unspecified time it takes to achieve an aim correct incorrect

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. Which is not a recognised form of business continuity planning?

Contingency planning correct incorrect

Scenario planning correct incorrect

Financial planning correct incorrect

Building planning correct incorrect

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. What is the definition of a scenario in scenario planning?

An imagined sequence of future events correct incorrect

An unpredictable event correct incorrect

A planned for event correct incorrect

An unplanned for event correct incorrect

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. What is a succession plan?

Dismissing an employee for a more favourable employee correct incorrect

A formal process of planning to fill a role that will become vacant correct incorrect

A vote of no confidence in a board member correct incorrect

The formal process of acquiring a new staff member correct incorrect

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. 'There is no discernible link between planning and performance'. Who is this position held by?

Michael Porter correct incorrect

Milton Friedman correct incorrect

Gary Hamel correct incorrect

Henry Mintzberg correct incorrect

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. What one of the following is not a key management skill in planning?

Conceptual skills correct incorrect

Analytical skills correct incorrect

IT and computing skills correct incorrect

Communication skills correct incorrect