Foundations of Planning Questions

1. 1. What is the primary purpose of strategic planning in an organization?

• A. To handle day - to - day operations

• B. To establish long - term goals and direction

• C. To manage employee performance

• D. To create marketing campaigns

2. 2. Which tool is commonly used to analyze internal and external factors affecting an organization?

• A. PEST Analysis

• B. SWOT Analysis

• C. Porter's Five Forces

• D. Value Chain Analysis

3. 3. What is the main function of forecasting in the planning process?

• A. To evaluate past performance

• B. To predict future trends and conditions

• C. To develop marketing strategies

• D. To assess employee satisfaction

4. 4. Which type of planning focuses on short - term, specific tasks and processes

• A. Strategic Planning

• B. Tactical Planning

• C. Operational Planning

• D. Contigency Planning

5. 5. What is scenario planning used for?

• A. To create detailed financial reports

• B. To prepare for various future scenarios and uncertainties

• C. To conduct employeee training sessions

• D. To establish daily operational procedures

5. 6. Which of the following is an example of a standing plan?

• A. Budget

• B. Policy

• C. Project Plan

• D. Marking Campaign

7. 7. Which of the following is a long - term plan that sets the overall direction for an organization?

• A. Operational Plan

• B. Strategic Plan

• C. Tactical Plan

• D. Contingency Plan

8. 8. Which type of plan is designed for one - time use and is aimed at chieving a specific objective?

• A. Single - use Plan

• B. Standing Plan

• C. Tactical Plan

• D. Strategic Plan

9. 9. Operational plans typically cover what kind of time frame?

• A. 1 to 5 years

• B. 5 to 10 years

• C. Daily to weekly operations

• D. Monthly to yearly operations

10. 10. How many purpose of planning?

• A. 1

• B. 2

• C. 4

• D. 5