Question

Planning and Management at Ford In large organizations, planning occurs at the corporate, business or divisional, and functional levels. Managers at each level are responsible for different types of decisions. This exercise focuses on the planning processes at all three levels of management. It will refer to material in both the planning chapter as well as to critical, basic information concerning levels and functions of managers. Click the ? button to watch the video. Then, answer the question that follow. 14.value: 3.70 points _____ plans generally have the longest time frame. Tactical Strategic Functional Divisional Mission 15.value: 3.70 points It is important to have a clear _______ because that is what guides the plans and goals set by managers in the company. strategic initiative system of differentiated organizational levels reengineering plan mission statement separation of management and workers 16.value: 3.70 points By creating a plan that allows marketing and operations to work together better, Alan Mulally is improving Ford's resiliency. bureaucracy. team dynamics. differentiation. efficiency. 17.value: 3.70 points If you were performing a SWOT analysis on Ford, what would you list as a strength? strong product line expansion of the core business exploitation of new market segments application of R&D skills in a new area reducing rivalry among competitors 18.value: 3.70 points Ford tracked the number of people designing their own Fusions even before the car was in actual production. Checking to see if actual customer interest met the company's expectations of customer interest is an example of the _______ function of management. planning communicating controlling organizing leading 19.value: 3.70 points The _____ plan must be the most flexible of the three levels of planning. These types of plans may be amended frequently as conditions change. The ______ plan is the least flexible and is not expected to change fundamentally for years at a time. operational; strategic tactical; operational strategic; tactical strategic; operational operational; tactical 20.value: 3.70 points As part of the planning for the Ford Fusion launch, managers put together timelines, decided on which suppliers to use, and decided which plants and workers would be involved in the development and manufacture. This represents the ______ function of management. communicating organizing leading strategizing 21.value: 3.70 points Throughout this video, the narrator has discussed plans at many levels of management. __________ involves the multilevel development of a set of strategies that allow an organization to achieve its goals. Operational adjustment Organizational goal setting Strategy formulation Tactical development Vision execution 22.value: 3.70 points Ford appears to have succeeded in implementing a _____ strategy for the Fusion. niche differentiation focused controlled low-cost

Answer 1

14. Strategic plans generally have the longest time frame

15. It is important to have a clear mission statement because that is what guides the plans and goals set by managers in the company

16. By creating a plan that allows marketing and operations to work together better, Alan Mulally is improving Ford's team dynamics.

17. If you were performing a SWOT analysis on Ford, what would you list as a strength: expansion of core business

18. Ford tracked the number of people designing their own Fusions even before the car was in actual production. Checking to see if actual customer interest met the company's expectations of customer interest is an example of the controlling function of management.

19. The contingency plan must be the most flexible of the three levels of planning. These types of plans may be amended frequently as conditions change. The operational plan is the least flexible and is not expected to change fundamentally for years at a time.