POM - PLANNING

What is the fundamental characteristic of planning?

• It focuses on accuracy only.

• It is related to goals.

• It primarily deals with coordination.

• It is limited to top management.

Which of the following is true about Principles of Management?

• 1. The principles of management are in a continuous process of evolution

• 1. The principles of management have evolved

• 1. The principles of management have not evolved

• 1. None of the above

Which level of management is responsible for strategic planning?

• Lower management

• Middle management

• Top management

• Operational management

What aspect does planning aim to coordinate?

• How and when

• Where and why

• Who and where

• What and why

What contributes to the quality of planning?

• The quantity of resources available

• The manager's mood

• The manager's intellect

• The manager's experience

_________________ guides for decision Making.

Advertising of a product is a part of _____________

How do policies contribute to efficient management?

• By encouraging individual decision-making

• By eliminating the need for managerial oversight

• By saving time and effort through pre-decision

• By promoting excessive micromanagement

What should a policy be based on to ensure its validity?

• Personal preferences

• Historical practices

• Facts and sound judgment

• Public opinion

What does a well-designed policy allow for?

• Frequent changes in procedures

• Unlimited flexibility

• Strict adherence to past practices

• Flexibility while maintaining a high degree of permanency