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Ch.4 Planning

This document contains 25 multiple choice questions about planning. It covers topics such as: - The definition and purpose of planning - The different types of plans such as objectives, policies, strategies, procedures, rules, and budgets - The features, advantages, and limitations of planning - The external limitations that can impact planning - Formulating departmental goals and analyzing alternatives during the planning process

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dhaanya goel
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61 views

Ch.4 Planning

This document contains 25 multiple choice questions about planning. It covers topics such as: - The definition and purpose of planning - The different types of plans such as objectives, policies, strategies, procedures, rules, and budgets - The features, advantages, and limitations of planning - The external limitations that can impact planning - Formulating departmental goals and analyzing alternatives during the planning process

Uploaded by

dhaanya goel
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Ch.

4 Planning

Q1. “Dreams can be turned into reality if business thinks in advance what to do and how to do.” The
statement is concerned about _______.
a) Planning
b) Organising
c) Staffing
d) Controlling

Q2. Which of the following statements is false?


a) Planning reduces creativity
b) Planning is economical
c) Planning focus on achieving objectives
d) Planning is a mental exercise

Q3. Which of the following is the feature of planning?


a) Pervasive
b) Primary function
c) Continuous
d) All of these

Q4. Increasing sales by 20% or earning profit by 5% is an important type of plan. Identify the type of
plan.
a) Objective
b) Policy
c) Strategy
d) Programme

Q5. ___________ are routine steps on how to carry out activities.


a) Policies
b) Strategies
c) Procedure
d) Rules

Q6. Name the type of plan which represents the end point of planning.
a) Objectives
b) Strategies
c) Procedure
d) Rules

Q7. Name the type of plan which refers to future decision defining the organisations direction and scope in
the long run.
a) Objectives
b) Strategies
c) Procedure
d) Rules

Q8. What is the last step involved in the process of planning


a) Selecting an alternative
b) Implement the plan
c) Follow-up action
d) Setting objectives

Q9. Name the type of plan which defines the formal parameters which the managers may function.
a) Policies
b) Strategies
c) Procedure
d) Rules
Q10. Name the type of plan which reflects the managerial decision that a certain action must or must not
be taken.
a) Policies
b) Strategies
c) Procedure
d) Rules

Q11.  Sumit is a General Manager in an IT company. He feels that many changes are taking place in IT
sector. He meets the owner of the company to discuss about the flexibility in the planning so as to
cope up with the changing environment but the owner denied. Which limitation of planning is
mentioned in the above statement?
a) Planning does not work in dynamic nature
b) Planning involves huge cost
c) Planning leads to rigidity
d) Planning reduces creativity

Q12. “Estimate of future needs arranged according to an orderly basis.” Identify the type of plan
a) Policies
b) Strategies
c) Procedure
d) Budget

Q13. The collective ends toward which organizations direct its energies and activities is
a) Goals.
b) Polices.
c) Programmes.
d) Rules.

Q14. Derivative plans include ____________.


a) Objective of the organization.
b) Overall goal determination.
c) Policies and procedures to achieve basic plan.
d) Preparing organizational structure.

Q15."These plans are formalised and standardised way of accomplishing repetitive and routine jobs.”
Identify
a) Policies
b) Methods
c) Procedure
d) Rules

Q16. ‘It is plans which determine the sequence of any work to be performed.’ Name it.
a) Policies
b) Methods
c) Procedure
d) Rules

Q17. Purpose of planning is to ______________.


a) Investors.
b) Internal environment of the business.
c) Creditors of the business.
d) Trade associations.

Q18.  'In spite of best efforts of managers sometimes planning fails to achieve desired results.' What does
this statement signify?
a) Limitations of planning
b) Advantages of planning
c) Features of planning
d) None of the above

Q19. An example of single use plan is ______.


a) Procedure.
b) Rules.
c) Methods.
d) Programme.

Q20.”Planning involves making choice from among various alternatives available.” What does the
statement suggests?
a) Planning provides direction
b) Planning reduces the risk of uncertainty
c) Planning facilitates decision making
d) Planning promotes innovative ideas

Q21. “Planning pervades all managerial activities.” State the meaning of the statement.
a) Planning focuses on achieving objectives
b) Planning is a primary function
c) Planning is futuristic
d) None of the above.

Q22. Which of the following is formulated departmental goals?


a) Supplies of the organization.
b) Middle management.
c) Supervisory management.
d) First line management.

Q23. Explain the External Limitations of Planning?


a) Changes in the government policies and political situations 
b) Changes in technological situations 
c) Rapidly changing business situations 
d) All of the above

Q24. Planning is an expensive affair. Sometimes the costs incurred may not justify the benefits derived
from the plans. Which of the following is true according to the statement?
a) Expenses on boardroom meeting.
b) Expenses on discussion with professional experts.
c) Expenses on preliminary investigations.
d) All of the above

Q25. The Principle of limiting factor means ________.


a) Analyzing those alternatives that are relevant and directly related to the objectives in hand.
b) Analyzing each and every alternative course of action.
c) Limited use of factors of production.
d) Planning the use of factors of production.

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