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WorksheetsPlanning
Total questions: 25
Worksheet time: 24mins
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.
Which of the following is not a feature of planning?
Planning is futuristic.
Planning is pervasive.
Planning establishes standards for controlling.
Planning focuses on achieving objectives.
What is known as the primary function of management?
Controlling
Organising
Planning
Staffing
_____ is the general response to a particular problem or situation.
Objectives
Strategy
Policy
Rule
Increasing sales by 10% in the next quarter is an important type of plan. Identify the type of plan.
Objective
Policy
Strategy
Programme
This represent the end point of planning.
Rules
Methods
Objectives
Policies
A plan is framed, it is implemented and is followed by another plan on the basis of new requirements and future conditions. Which of the following best describes the above statement?
Planning focuses on achieving objectives.
Planning is continuous.
Planning is futuristic.
Planning is a mental exercise.
Planning can eliminate changes or events.
True
False
Which of the following statements is false?
Planning reduces creativity.
Planning is economical.
Planning focuses on achieving objectives.
Planning is a mental exercise.
To get success in business all managers need to work hard in thinking about future, in making business predicion and achieving targets. The above line describe one of the concept ,name that.
Planning
Coordination
Management
None of the above
Once plans are made , its difficult to chance them , so planning leads to (a) .
Plan works successfully in the past may not work auccessfully in future also as planning does not give (a) .
Planning eahtablish base or standard for
Organising
Staffing
Directing
Controlling
Planning performed at
Top level
Moddle level
Supervising level
All levels
After implementation of plan
Planning ends
New plan is made
Follow up is done
None of the above.
In which step of planning process The best and non feasible plan will be choosen to be implemented.
Selecting an alternative
Developing premises
Evaluating alternative course of action
Setting up objective
Which of the following quality a manager must possess to succeed in planning?
Reflective thinking
Imagination
Farsightedness
All of these
Due to planning changes in business environment do not come as shock and surprise. This related to which IMPORTANCE of planning.
Planning facilitates decision making
Planning promotes innovative idea
Planning reduces the rial of uncertainties
Planning provides direction
In which step of planning process pros and cons of each Alternative is examined .
Selecting an alternate premises
Developing premises
Evaluating Alternative course of action
Setting up objective
Competition in the market can also upset financial plans, sales targets have to be revised
accordingly, cash budget also needed to be modified. Identify the limitation of planning.
(i) Planning may not work in dynamic environment
(ii) Planning leads to rigidity
(iii) Planning is time consuming
(iv) Planning involves decision making
Assertion (A) Planning is closely connected with creativity and innovation.
Reason (R): Before doing something, the manager must formulate an idea of how to work on a particular
(a) Both Assertion (A) and Reason (R) are true.
(b) Both Assertion (A) and Reason (R) are false.
(c) Assertion (A) is true and Reason(R) is false.
(d) Assertion (A) is false and Reason(R) is true.
Assertion (A) At the end of a certain period, there is need for a new plan to be drawn on
the basis of requirements and future conditions
Reason (R) All the plans expire after a certain period.
(a) Both Assertion (A) and Reason (R) are true.
(b) Both Assertion (A) and Reason (R) are false.
(c) Assertion (A) is true and Reason(R) is false.
(d) Assertion (A) is false and Reason(R) is true.
Flows Technology deals in bulb manufacturing business. It plans for a successful year
of production and sale this year. It has in advance given targets to all its departments
and employees. The departments and employees are happy about this. They know that
now they won't have to do unconcerned activities thus leading to more focused
approach resulting in saving of resources. The company is thinking of starting two new
plants in the southern portion of India. For this some concrete plan has to be made. The
main core team of the company has decided to weigh all the options and then choose
the best one. The road might be long but the company is geared to face all the
challenges.
Highlight the importance of planning mentioned above:
(
(A) Planning provides directions.
(B) Planning reduces overlapping and wasteful activities
(C) Planning facilitates decision making
D) All of Above
Assertion (A) Planning enables manager to look ahead and anticipate changes to deal with
uncertain events.
Reason (R) Planning involves rational decisions.
(a) Both Assertion (A) and Reason (R) are True and Reason (R) is the correct explanation
of Assertion (A).
(b) Both Assertion (A) and Reason (R) are True and Reason (R) is not the correct explanation of Assertion (A).
(c) Assertion (A) is True but Reason (R) is False.
(d) Assertion (A) is False but Reason (R) is True.
