What are policies in an organizational context?, A) They are rules that guide decision-making., B) They are just suggestions without impact., What is the main purpose of policies?, A) To increase confusion in the organization. (I, B) To provide guidelines for decision-making., How do policies help in risk management?, A) By establishing clear expectations., B) By ignoring potential risks., What does the forecasting process involve?*, B) Making random assumptions about the future., B) Predicting future conditions based on current and past data., What is a key function of forecasts?, A) To inform about possible outcomes and help estimate future demand., B) To create confusion about what is needed in the future., What are programs within an organization?**, A) A set of coordinated activities designed to achieve a specific objective., B) A random list of tasks with no connection to each other., What is the main purpose of a program?*, A) To waste resources by lacking a clear focus., B) To organize and coordinate related activities to use resources efficiently., What does a budget represent in organizational management?, A) A document with no real financial relevance., B) A financial plan that outlines resource allocation. (, How does a budget help an organization?, A) By controlling and monitoring spending to align with goals., B) By allowing unlimited spending without oversight., What are objectives in the planning process?*, A) Specific, measurable goals that are aimed to be achieved., B) Vague ideas that cannot be measured or evaluated.

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