Planning

Planning provides the goals or standards against which actual performance is

measured. Identify the related point to the importance of planning

• Planning is a mental exercise

• Planning provides direction

• Planning establishes standards for controlling

• Planning reduces the risk of uncertainty

The supply chain for McDonald's is highly complex in India. It uses around 9000

hamburger buns, 3500 kg of tomatoes, 2000 kg of iceberg lettuce and more than

5000 slices of cheese on a daily basis. The whole practice begins at the grassroots

with produce being delivered directly to suppliers by farmers. This produce is then

processed and distributed to distribution centers and the quality of supplies is

maintained by using customized multi- chamber temperature controlled trucks.

These items are stored in rooms with zones at different temperatures and then

dispatched to the restaurants depending on their requirements. This well defined

method ensure coordination within various individuals and departments. Identify

the related point to the importance of planning being described in the above lines

• Planning reduces overlapping and wasteful activities

• Planning is a mental exercise

• Planning provide directions

• Planning reduces the risks of uncertainty

Saundraya Ltd., a shampoo manufacturing company wanted to increase its market share from 20% to 45% in the long run. Keeping in view the growing trend of herbal and organic products the company has decided to diversify into new product line which will promote eco-friendly living in the contemporary lifestyle. The company has decided to introduce a variety of shampoos with natural ingredients having benefits and fragrances of different flowers namely, Rose, Lavender and Mogra Identify the function of management mentioned above.

• Planning

• Organising

• Staffing

• Directing

Wipro has introduced Elite National Level Talent Hunt 2019 (NLTH) a freshers' hiring initiative to attract the best of 2019 engineering talent across the country. The aim of this initiative is to enable an equal opportunity for employment to the most deserving talent across all engineering streams in India. Upon selection in the Online Assessment, candidates will be required to go through Technical Interview followed by HR interview. Identify the type of plan not being described above:

• Procedure

• Budget

• Rule

• None of the above

Fun Games Limited' is planning to launch five new Play Station games in next 3 months. Identify the type of plan made by the company.

• Policy

• Objective

• Strategy

• Method

Kaun Banega Crorepati is an Indian television game show originally aired on Star Plus, commissioned by the programming team of Sameer Nair. However, since the year 2010, it has been produced by Big Synergy. It is based on the United Kingdom game show 'Who Wants to Be a Millionaire?" All contestants must be over the age of 18 years and citizens of India in order to be eligible for participating in the show. The person must not be a former Kaun Banega Crorepati contestant and, as defined in the Income Tax Act, 1961, must also be a resident of India. Furthermore, they may not be employees of the production company, broadcaster, or prize providers. Identify the type of plan being described

• Rule

• Method

• Strategy

• Objective

According to a survey, these days the young children have more power in purchasing decisions than ever before The parents seek their kids' opinions about all kinds of once-adult decisions, including where to go for dinner, what kind of car to buy, even what to wear," Therefore, the retailers are adapting to this by enhancing their kids' sections. If the children want to shop in the store for their clothes, then there's a greater chance the parent will also see something they want to buy as well Identify the type of plan being described in the above lines.

• Programme

• Method

• Strategy

• Rule

Micromax was India's largest seller of mobile handsets. It launched low-cost Chinese manufacturing with some smart packaging and features like long-lasting batteries and dual-sim functionality to garner 20% market share in India's value-conscious mobile handset market Identify the two types of plans being described in the above lines.

• Strategy and objective

• Rule and programme

• Programme and objective

• Method and objective

. According to the Economic Survey, insights from behavioural economics can be strategically utilised to create an aspirational agenda for social change from BBBP (Beti Bachao Beti Padhao) to BADLAVL (Beti Aapki Dhan Lakshmi Aur Vijay Lakshmi); from Swachh Bharat to Sundar Bharat, from 'Give It Up' for the LPG subsidy to "Think about the Subsidy' and from tax evasion to tax compliance. Identify the type of plan being described in the above lines

• Programme

• Method

• Strategy

• Rule

Match the above

• 1)-(b); (ii)-(d); (iii)-(a); (iv)-(c)

• i)-(c); (ii)-(d); (iii)-(a), (iv)-(b)

• i)-(d); (ii)-(a); (iii)-(b); (iv)-(c