Planning

Which of the following is the primary management responsibility?

• Organizing
• Leading
• Controlling
• Planning

What are the acts or means that managers aim to employ to accomplish organizational goals?

• Goals
• Objectives
• Plans
• Strategies

What is the purpose of planning?

• To provide direction to the organization
• To reduce uncertainty
• To achieve organizational goals
• All of the above

Planning reduces uncertainty.

• True
• False

Planning helps to minimize waste and inefficiency.

• True
• False

Plans are the goals that management wishes to attain.

• True
• False

A long-term plan prepared by the top-level management. It gives the reason for the existence of the organization.

• Flexible Plan
• Specific Plan
• Corporate Plan
• Tactical Plan

A type of plan that is changeable on the basis of time and situation.

• Flexible Plan
• Specific Plan
• Corporate Plan
• Tactical Plan

A plan that is developed for a particular department or unit about the activities to be performed.

• Flexible Plan
• Specific Plan
• Corporate Plan
• Tactical Plan

A plan that is prepared for programmed decision-making situations in an organization.

• Tactical Plan
• Single Use Plan
• Flexible Plan
• Operational Plan