Question 1 2 out of 2 points       Creating and executing a plan is one of the most important tasks of a manager

Creating and executing a plan is one of the most important tasks of a manager.

On average, companies that create plans have larger profits and grow much faster than companies that don't.

For planning to be effective, workers need a specific, challenging goal as well as regular feedback to track their progress.

Planning works best when the goals and action plans at the bottom and middle of the organization supports the goals and action plans at the top of the organization.

Tactical plans specify how a company will use its resources, budgets, and people to accomplish specific goals within its mission.

Tactical plans and objectives are used to direct behavior, efforts, and attention over the next six months to two years.

The three kinds of operational plans are single-use plans, standing plans, and budgets.

Planning is ultimately based upon ____.

Organizational structure is the description of the vertical and horizontal configuration of departments, authority, and jobs within a company.

Functional departmentalization organizes work and workers into separate units responsible for particular business functions or areas of expertise.

With ____ departmentalization, most employees report to two bosses.

When managers delegate work, three transfers occur. The three transfers are responsibility, authority, and ____.

____ is characterized by simple, easy-to-learn steps; low variety; and high repetition.

____ is the degree to which a job gives workers the discretion, freedom, and independence to decide how and when to accomplish their jobs.

An intrinsic reward is a reward associated with performing a task or activity for its own sake.

For punishment to work, the punishment must be strong enough to stop the undesired behavior, and must be administered objectively, impersonally, consistently and contingently, and quickly.

One of the simplest, most effective ways to motivate workers is to give them specific, challenging goals that they accept.

In general, extrinsic rewards are more important to workers than intrinsic rewards.