Scribd
Upload
11 views

PLANNING REVISION QUESTION

Bst

Uploaded by

riyabiruly34
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
11 views

PLANNING REVISION QUESTION

Bst

Uploaded by

riyabiruly34
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
You are on page 1/ 3

PLANNING REVISION QUESTION

MEANING
⚫ Planning means setting objectives and making plans to achieve them.
⚫ It gives direction for decision and action.

PLANNING
Deciding in advance-
⚫What is to be done
⚫How is to be done
⚫When is to be done
⚫Who is to be done

1.A Co is manufacturing garments. The manager wants to increase profits by


purchasing new high speed machines or increasing the sale price or using waste
materials in manufacturing stuffed toys. He decided that "using waste material" is the
best solution for him. Identify the concept of management involved.

A) Directing B) Coordination C) Planning D) Organising

2.Identify the correct sequence of steps involved in the planning process.


(a) Evaluating alternative courses, Identifying alternative courses of action, Setting
objectives, Developing premises
(b) Setting objectives, Identifying alternative courses of action, Evaluating
alternativecourses, Developing premises
(c) Setting objectives, Developing premises, Identifying alternative courses of
action,Evaluating alternative courses
(d) Setting objectives, Developing premises, Identifying alternative courses of action,
implementing alternative courses

3. “Plans decide the future course of action and managers may not be in a position to

change it.” Identify the limitation of planning indicated here.


(a) Planning reduces creativity
(b) Planning does not guarantee success
(c) Planning may not work in a dynamic environment
(d) Planning leads to rigidity

4. Assertion (A) : Planning is pervasive

Reason (R) : It is an exclusive function of top management or of some particular


department or manager.

(a) Both Assertion (A) and Reason(R) are true and Reason (R) is
correct explanation of Assertion (A)
(b) Both Assertion (A) and Reason(R) are true but 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

5. Analyse the picture given below and find out the type of plan illustrated

(a) Policy
(b) Procedure
(c) Strategy

d) rule

6. Micromax was India’s largest seller of mobile handsets. It launched low-cost

Chinese manufacturing with some smart packaging and features like long-lasting
batteries and dual-sim functionality to garner 20% market share in India’s value
conscious mobile handset market. Identify the two types of plans being described
in the above lines.
(a) Strategy and objective (b) Rule and Programme
(c) Programme and objective (d) Method and objective

SHORT ANSWER QUESTIONS

1. Dheeraj is a very hard working manager. After working for the

implementation of his well chalked out plan he, from the start of July, decides
to see in what ways and up to what accuracy has his plan been implemented.
Which step of the planning process will be involved by Dheeraj from the
starting of July?

2. A specific statement was given by an HR head. This statement had no scope

for any flexibility. It was the simplest type of plan. Identify the type of plan.
Give one more characteristic of this plan. Which plan is the widest type of
plan?
3. ‘’ABC Ltd.’’ Gave its sales Executives the directive that they could sell the

goods on credit. Also it told them very clearly to inform the customers that if
upto one month they did not make the payment, after the completion of this
period, they would have to pay interest for the whole period at the rate of
12% per annum.
Identify and explain the types of plans mentioned above by quoting the lines.

4. Human Care Ltd. Deals in medical equipment business. They import goods from

Korea and sell in domestic market. Recently the Korean company increased prices
making goods expensive. India being price sensitive market will not accept the
increased price. The Director of the company is thinking of options of importing
goods from other countries like Thailand and China. He is also thinking of
purchasing goods from the existing supplier in Korea but without packing so that it
is cheaper. He will save freight charges. All this will reduce the total cost and will
enable him to make profits as before.
a) Identify the concept of management involved in the above case.
b) State what is the director of Human Care planning to do?
c) Mention what steps must be followed by Human Care to make sure
that their objective of profit maximization is achieved.

5. The sales manager of Sell Well Ltd. Visited a hospital to sell his company’s

products. The purchase manager of the hospital was keen to purchase the products in
fact for all the branches of his hospital across India but he asked the sales manager
to give 30% discount. Though the manager knew it was a big order and company
6would be able to make profits even after offering 30% discount but he could not
offer prices better than the price he had been given by the sales director. He tried to
contact the director but he was unavailable. As a result the order could not be
finalized.
Identify and explain the limitations of planning the sales manager had to face while
discussing order with the prospective customer.

You might also like