Planning : HS 2nd year commerce

Planning: HS 2nd year

Quiz

 

1. Which is the following not a defination of Planning?
   1.   Planning is the thinking process, the organised foresight, the version based on facts and experience that is required for intellectual action
   2.   Planning is chalking out plan of action, i.e. the result envisaged in the line of action to be followed, the stages to go through the methods to use
   3.   Planning is the deciding of a course required for reaching organisational goals, The line of action is decided in advance so that actual execution becomes easy.
   4.   Planning is the deciding in advance what to do, how to do and who is to do it. Planning bridges the gap from where we are to go. It makes it possible for things to happen.
   5.   Planning is the deciding in advance what not to do, how to do and who is to do it. Planning bridges the gap from where we are to go. It makes it possible for things to happen.
2. Which is the charecteristics or features of Planning?
   1.   Planning is a mental exercise,
      Planning is primacy,
      Planning is continuous,
      Planning is forward looking
   2.   Planning involves decision breaking,
      Planning is not Pervasive,
      Planning not focus on objectives
   3.   Planning involves decision making,
      Planning is Pervasive,
      Planning focus on objectives
   4.   A&C
3. Which function of management is considered as base of all other functions?
   1.   Planning
   2.   organising
   3.   Directing
   4.   Controlling
4. What is the prinary function of management?
   1.   Planning
   2.   Organising
   3.   Directing
   4.   controlling
5. What is meant by primacy of planning
   1.   Planning is the first function and other functions are not based on it.
   2.   Planning is the first function and other functions are based on it.
   3.   Planning is the Second function and other functions are based on it.
   4.   Planning is the strong function and other functions are based on it.
6. Why is it said that planning is futuristic?
   1.   Because it is not done for the coming periods.
   2.   Because it is done for the past periods.
   3.   Because it is done for the coming periods.
   4.   Because it is done for the present periods.
7. Why is planning called continuous process?
   1.   The process of planning ends with the preparation of a plan, the changes happening in future needs to be incorporated in it.
   2.   The process of planning does not end with the preparation of a plan, the changes happening in future needs to be incorporated in it.
   3.   The process of planning does end with the preparation of a plan, the changes happening in future needs to be incorporated in it.
   4.   A&C
8. Why is planning called pervasive?
   1.   Because Planning is done by all managers at different levels of management
   2.   Because Planning is not done by all managers at different levels of management
   3.   Because Planning is done by Top level managers by top levels of management
   4.   none
9. What are the steps in planning process?
   1.   1. Awareness of opportunities
      2. Setting objectives
      3. Developing planning premises
      4. Identifying Alternative course of Action
      5. Evaluating different alternatives
      6. Selecting an Alternative
      7. Implementation of plans
      8. Follow up Action
   2.   1. Awareness of opportunities
      2. Setting objectives
      3. Developing planning premises
      4. Identifying Alternative course of Action
      5. Evaluating different alternatives
      6. Selecting an Alternative
      7. Follow up Action
      8. Implementation of plans
   3.   1. Awareness of opportunities
      2. Setting objectives
      3. Developing planning premises
      4. Evaluating different alternatives
      5. Identifying Alternative course of Action
      6. Selecting an Alternative
      7. Implementation of plans
      8. Follow up Action
   4.   1. Awareness of opportunities
      2. Setting objectives
      3. Developing planning premises
      4. Identifying Alternative course of Action
      5. Evaluating different alternatives
      6. Implementation of plans
      7. Follow up Action
      8. Selecting an Alternative
10. Plans are classified as:
    1.   1. Single use plans &
       2. Classified Plans
    2.   1. Single use plans &
       2. Deriving Plans
    3.   1. Single use plans &
       2. Standing Plans
    4.   none
11. Which plans are made for handling non-recurring problems?
    1.   Standing plan
    2.   Single use plan
    3.   Objective
    4.   Method
12. Single use plan is/are
    1.   used only once
    2.   made to meet demand for specific situation
    3.   discarded when the situation is over
    4.   made for every new situation
    5.   All the above
    6.   A&B only
13. Which plans are made to be used time and again?
    1.   Single use plan
    2.   Standing plans
    3.   Strategy / long tern plan
    4.   none
14. Which plans are stable in nature?
    1.   Standing
    2.   Single use
    3.   Streategic
    4.   policy
15. Which plans are used as guidelines for smooth working of an organization?
    1.   Policy
    2.   Single use
    3.   Standing
    4.   Objective
16. ............. are the goals established to guide the efforts of the company and its various constituents
    1.   Objectives
    2.   Policy
    3.   Method
    4.   Rule
17. ............... is acomprehensive plan to achive organisational objectives
    1.   Policy
    2.   Strategy
    3.   method
    4.   rule
18. .......................... are the general statements which are formulated by an organization for the guidence of its employees.
    1.   method
    2.   budget
    3.   policy
    4.   programme
19. ...................... are details of action or the guideline for the achievement of business objectives.
    1.   Procedure
    2.   Rules
    3.   budget
    4.   method
20. ................. refers to the manner of performing a particular task.
    1.   Budget
    2.   Method
    3.   Rules
    4.   procedure
21. ............. is a plan that lays down a required course of action with regard to a situation.
    1.   Procedure
    2.   methods
    3.   Rules
    4.   programmes
22. A ................ is the monetary or and quantitive expression of business plans and policies to be persued in future.
    1.   Budget
    2.   method
    3.   Programmes
    4.   Rules
23. A ....................... is a sequence of activities designed to implement policies and achieve objectives.
    1.   Programmes
    2.   Budget
    3.   Rule
    4.   Method
24. What is/are the limitations of planning
    1.   Planning leads rigidity
    2.   Planning is time consuming process
    3.   Planning involves Huge costs
    4.   Planning may not work in dynamic environmrent
    5.   planning reduces creativity
    6.   planning does not gurantee success
    7.   All the above
    8.   A&C only
25. Why is planning important?
    1.   Planning provides direction
    2.   planning reduce risk of uncertainties
    3.   planning reduce overlapping and wasteful Activities
    4.   Planning facilitates decision making
    5.   planning promotes innovation and creativity
    6.   planning facilitates control
    7.   All the above
    8.   AB&C only
    9.   none