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A-Z Planning (Scenario) Organizations ABC and XYZ Are Both in the Same Industry

question 125

Multiple Choice

A-Z Planning (Scenario)
Organizations ABC and XYZ are both in the same industry and compete for the same set of customers in the marketplace. At ABC, the plans are made at the top level of management each year and then are formulated for and announced to each of the mid-level and first-level managers. At XYZ, the plans are made at the top, and then those managers meet with their subordinates at the next level and mutually agreed-to goals are established with them. The mid-level managers then meet with their first-level managers and mutually agreed-to goals are established with them. Finally, the first-level managers meet with each of their employees and mutually agreed-to goals are established with them.
-Assuming XYZ's hierarchy of goals is clearly defined, the result is ________.

Definitions:

Organizational

Relating to the structure or operation of organizations or the study thereof.

Nonprofit Agency

An organization dedicated to furthering a particular social cause or advocating for a shared point of interest, without profit motives.

Lower-Level Employees

Lower-level employees refer to workers occupied in positions that typically require less skills, responsibilities, and have lower authority within an organization's hierarchy.

Theoretical Knowledge

Knowledge that is based on theories, principles, and models rather than on practical application or personal experience.