Worksheetsplanning
Total questions: 50
Worksheet time: 26mins
Planning can eliminate changes or events.
True
False
Planning involves decision Making
True
False
Which of the following is a benefit of planning
Helps in avoiding confusion and misunderstanding
Ensure clarity in thought and action
Useless and redundant activities are minimised or eliminated
All of the above
Planning results in decreasing _________
Coordination
Proper use of resource
Future uncertainties
Control
Which one is not the characteristics of Planning
Rules
Program
Object
Staffing
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?
Planning leads to rigidity
planning involve huge cost
Planning is time consuming process
None of the above
It helps the manager to investigate future and make a choice amongst various alternative courses of action. Enumerate the importance of planning is mentioned here.
Planning provides direction
planning promotes innovative idea
Planning helps in decision making
planning improves efficiency
___________ will include the entire gamut of activities as well as the organisation's policy and how it will contribute to the overall business plan.
Policy
Programme
Budget
Objectives
Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.
Directing
Organising
Planning
Staffing
Which of the following is not a benefit of planning?
Planning reduces overlapping and wasteful activities
Planning is a mental exercise.
Planning provides directions.
Planning reduces the risks of uncertainty.
Identify the function of management depicted in the image.
Planning
organising
staffing
directing
Planning is required at all levels of management as well as in all departments of the organisation. This statement shows the feature, Planning is Futuristic.
True
False
It is a one-time plan specifically designed to achieve particular goal that, once achieved will not recur in the future. Such Plan is developed to meet the needs of a unique situation.
Single use plan
Standing plan
Planning reduces risk of uncertainty. Find the suitable explanation relevant to the above point
Business environment is uncertain.
Changes or events cannot be eliminated but they can be anticipated and managerial responses to them
Planning can eliminate future uncertainties
While planning the manager is required to make certain assumptions about the future like interest rate , demand for goods ,inflation etc. What are these assumptions called ?
(a)
Name the following:
They are designed to keep operations running on planned and desired lines, to prevent confusion and ad-hocism and to ensure economy and efficiency.
Policies
Plans
Methods
Budget
A ______ is generally prepared for one year.
Method
Budget
Plan
Procedure
Name the following:
It spells out clearly the steps to be taken , resources to be used and the time period within which the task is to be completed.
Rules
Method
Programme
Plan
Mere planning does not guarantee success, __________ is/are required.
brains
action
help
which one of the following is not a step of planning
to forecast
valuation of objectives
estalishing objectives
introduction of employees on the job
Planning is a process
Periodic
continuous
casual
annual
which of the following is true for planning ?
it is economical
it involves creative implementation
it provides rational approach for decision making
it takes care of dynamic environment
which of the following is not a feature of planning
primary function
pervasive
arranging resources
mental exercise
This is the only plan which is considered as a control device
procedure
method
rule
budget
this plan decides "how the work should be done"
policy
objective
procedure
strategy
This plan decides "what is to be done"
policy
objective
procedure
strategy
Every employee has to sign in the attendance register as soon he/she reaches office. This is an example of
procedure
methods
rule
policy
this is a type of planning which is fundamental to all plans
strategy
objective
policy
budgets
Planning is considered to be rigid because:
it provides a course of action to be followed
it does not consider changes in business environment
it lays the fixed path for managers to follow
all the above
_______ are detailed statements about a project which outlines the objectives, rules, etc.
(a) Budget
(b) Programme
(c) Single use plan
(d) Policy
Planning provides direction is a--------
(a) Importance of planning
(b) Limitation of planning
(c) Characteristics of planning
(d) Method
By comparing ______ with standards manager can know whether the goals are achieved or not:-
a) Risk
(b) Ideas
(c) Actual performance
(d) Costs
Which of the following is a feature of planning:-
(a) Focuses on achieving goals
b) Pervasive
(c) Mental exercise
(d) All of the above
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:
Strategy
Policy
Rule
Procedure
Pervasiveness of planning indicates that planning
is a top management function.
extends throughout the organisation.
is a future-oriented activity.
is the first element of management process.
Planning is considered to be rigid because:
it provides a course of action to be followed
it does not consider changes in business environment
it lays the fixed path for managers to follow
all the above
Maruti started offering a discount of Rs. 20,000 on purchase of Wagon R. In response to this, Hyundai started with a scheme of free MP3 player with every Santro. Identify the type of plan indicated in the given statement.
Policy
Rule
Strategy
Procedure
