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PLANNING

Total questions: 20

Worksheet time: 40mins

Name
Class
Date
1.

Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.

a)

Directing

b)

Organising

c)

Planning

d)

Staffing

2.

Which of the following is not a benefit of planning?

a)

Planning reduces overlapping and wasteful activities

b)

Planning is a mental exercise.

c)

Planning provides directions.

d)

Planning reduces the risks of uncertainty.

3.

What is known as the primary function of management?

a)

Controlling

b)

Organising

c)

Planning

d)

Staffing

4.

Organising an event or a seminar or a conference is a __________

a)

Single use plan

b)

Standing Plan

5.

____________is a statement of expenses, revenue and income for a specified period.

a)

Programme

b)

Budget

c)

Objective

d)

Rule

6.

___________ will include the entire gamut of activities as well as the organisation's policy and how it will contribute to the overall business plan.

a)

Policy

b)

Programme

c)

Budget

d)

Objectives

7.

___________ reflects a managerial decision that a certain action must or must not be taken.

a)

Policy

b)

Rule

c)

Method

d)

Objective

8.

__________ details the exact manner in which any work is to be performed.

a)

Procedures

b)

Methods

c)

Rules

d)

Policies

9.

_________ provide the prescribed ways or manner in which a task has to be performed considering the objective.

a)

Procedures

b)

Methods

c)

Rules

d)

Policies

10.

_____ is the general response to a particular problem or situation.

a)

Objectives

b)

Strategy

c)

Policy

d)

Rule

11.

___________ defines the broad parameters within which a manager may function.

a)

Objective

b)

Policy

c)

Rule

d)

Budget

12.

Increasing sales by 10% in the next quarter is an important type of plan. Identify the type of plan.

a)

Objective

b)

Policy

c)

Strategy

d)

Programme

13.

The represent the end point of planning.

a)

Rules

b)

Methods

c)

Objectives

d)

Policies

14.

Rama Stationery Mart. has made a decision to make all the payments by e-transfers only. The type of plan adopted by Rama Stationery Mart is:

a)

Strategy

b)

Policy

c)

Rule

d)

Procedure

15.

By comparing ______ with standards manager can know whether the goals are achieved or not:-

a)

a) Risk

b)

(b) Ideas

c)

(c) Actual performance

d)

(d) Costs

16.

Planning provides direction is a--------

a)

(a) Importance of planning

b)

(b) Limitation of planning

c)

(c) Characteristics of planning

d)

(d) Method

17.

Advertising of a product is a part of _________

a)

(a) Strategy

b)

(b) Rule

c)

(c) Budget

d)

(d) Method

18.

______ type of plan is not likely to be repeated in future:-

a)

(a) Standing plan

b)

(b) Programme

c)

(c) Single use plan

d)

(d) Method

19.

First step in planning process is to-------

a)

Setting objective

b)

Developing premises

c)

Evaluate alternative

d)

None of the above

20.

Following a pre decided plan, when circumstances have changed, may not turn out to be in the organizations interest. Which limitation of planning is indicated here?

a)

Planning leads to rigidity

b)

planning involve huge cost

c)

Planning is time consuming process

d)

None of the above