Planning Test

Result

Planning Test - 21

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Weekly Quiz Competition

Question 1
1 / -0

Consider the following steps in the decision making process; and select the correct sequence.
i) Defining the problem
ii) Considering alternatives
iii) Considering limiting factors
iv) Selection of the best alternative and implementation

A
(i), (ii), (iii), (iv)

B
(iii), (i), (iv), (ii)

C
(i), (iv), (iii), (ii)

D
(i), (iii), (iv), (ii)
Question 2
1 / -0

Business plans designed to achieve the organizational objectives is called __________.

A
Human Resource Planning

B
Human Resource Forecasting

C
Strategic Plan

D
Corporate Development Plan

Solution

A strategy provides the broad contours of an organisation’s business. It will also refer to future decisions defining the organisations direction and scope in the long run. Thus, we can say a strategy is a comprehensive plan for accomplishing an organisation objectives.
Question 3
1 / -0

Planning is a ____________ process.

A
goal oriented

B
flexible

C
time bound

D
all of the above
Question 4
1 / -0

Goals are _______________.

A
Ultimate aims to be achieved

B
Objectives

C
Policies

D
Assumptions

Solution

Goals are long term objectives of the organisation which are backed by time constraint and strategic plans.
These are the ultimate aims for which the organisation was formed. These goals direct the managerial actions in an organisation and aims at achieving these goals.
Question 5
1 / -0

Which of the following is not a part of strategic planning?

A
Stock exchange movement

B
Objectives

C
Choice of businesses

D
Social responsibility
Question 6
1 / -0

Strategic marketing planning is adopted for.

A
New product

B
Existing products

C
Foreign products

D
Durable products
Question 7
1 / -0

The key Mechanism for controlling a marketing plan is ____________.

A
marketing budgets

B
production control

C
personal control

D
stock control
Question 8
1 / -0

Identify the correct sequence of steps, involved in planning
i. Selecting the best course of action
ii. Establishing the sequence of activities
iii Establishment of objectives
iv Evaluating alternative courses
v. Determining alternative courses

A
(i), (ii), (iii), (iv) and (v)

B
(iii), (v), (iv), (ii) and (i)

C
(v), (iv), (iii), (ii) and (i)

D
(iii), (v), (iv), (i) and (ii)
Question 9
1 / -0

Which one of the following shows a big picture of what a company wants to achieve in future?

A
Vision statement

B
Mission statement

C
Value statement

D
Quality statement

Solution

The vision statement of a company is the future visionary position that the company wants to see itself in and it can be done by regulating and achieving the objectives and the mission statement.
Hence, option (A) is the correct answer.
Question 10
1 / -0

Plan made in the light of a competitor's plan is known as__________.

A
Policy

B
Procedure

C
Strategy

D
Under-cover plan

User

Question Analysis

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Re-Attempt Weekly Quiz Competition

Planning Test - 21

Result

Planning Test - 21

Score

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Rank

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SHARING IS CARING

Question 1

(i), (ii), (iii), (iv)

(iii), (i), (iv), (ii)

(i), (iv), (iii), (ii)

(i), (iii), (iv), (ii)

Question 2

Human Resource Planning

Human Resource Forecasting

Strategic Plan

Corporate Development Plan

Solution

Question 3

goal oriented

flexible

time bound

all of the above

Question 4

Ultimate aims to be achieved

Objectives

Policies

Assumptions

Solution

Question 5

Stock exchange movement

Objectives

Choice of businesses

Social responsibility

Question 6

New product

Existing products

Foreign products

Durable products

Question 7

marketing budgets

production control

personal control

stock control

Question 8

(i), (ii), (iii), (iv) and (v)

(iii), (v), (iv), (ii) and (i)

(v), (iv), (iii), (ii) and (i)

(iii), (v), (iv), (i) and (ii)

Question 9

Vision statement

Mission statement

Value statement

Quality statement

Solution

Question 10

Policy

Procedure

Strategy

Under-cover plan

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

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