Planning Test

Result

Planning Test - 4

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Weekly Quiz Competition

Question 1
1 / -0

Planning is a _______________

A
One time process

B
Obsolete Concept

C
Mental Exercise

D
Useless Function

Solution

Under planning, various alternatives are listed and after evaluation of these alternatives the best alternative is selected. All this process involves mental exercise.
Question 2
1 / -0

Planning helps in reducing the _______________

A
Risk of uncertainty

B
Decision making

C
Memory

D
Direction for action

Solution

Planning involves various assumptions, predictions and environmental scanning. Financial and non financial predictions for future reduce the risk of uncertainties.
Question 3
1 / -0

Which one of the following is a limitation of planning?

A
Planning provides directions

B
Planning reduces risk of uncertainty

C
Planning leads to rigidity

D
Planning helps in decision making

Solution

All others are the importance of planning except this.

Because Plans can not change with the dynamic business environment. Thus they lead rigidity.
Question 4
1 / -0

Single use plans are designed only ____________

A
To achieve the objectives

B
To use two times

C
for an indefinite period

D
To meet the demand of specific situations

Solution

The single use plans are designed for a particular situation and are used for once only. Different plans are made for differen situations. e.g. programmes, budgets etc.
Question 5
1 / -0

If a firm has decided to sell its product on cash basis only, it is part of firm's _________

A
Procedure

B
Objectives

C
Method

D
Policy

Solution

Policy is the general response of an organisation in a particular situation. These are the organisation's own customised way of handling problems. Selling goods on cash basis is a type policy.
Question 6
1 / -0

No fine or penalty for violation is charged under____

A
Law

B
Method

C
Rule

D
None of these

Solution

Methods are the way of doing repetitive or routine jobs. Therefore no fine or penality is charged in violation of methods. But penality is charged in case of law and rule.
Question 7
1 / -0

Programmes are ________________

A
Policies

B
Rules

C
Not Detailed Statement

D
Detailed Statements

Solution

Programmes are the detailed statement of a project which is prepared for various activities. It comprises of objectives, procedures, policies and rules etc.
Question 8
1 / -0

Actual performance can be compared with standard performance through _________

A
Staffing

B
Programme

C
Budget

D
None of these

Solution

Budgets are the statement of expected result expressed in numerical terms. The standards are compared with actual performances and if there is some deviations, these should be taken care of.
Question 9
1 / -0

There are two types of plans ____________

A
Single use and Double use plan

B
Single use plan and Standing plan

C
Traditional Plan and Modern Plan

D
Short term and Medium term plan

Solution

Plans are designed for short term goals and long term goals. Thus plans are of two types:

Single use plans are used for only once.

Standing plans are used over and over again.
Question 10
1 / -0

Plans can be implemented after the _______________

A
Selecting an alternative

B
Developing premises

C
Setting objectives

D
Follow up action

Solution

Implementation of plan means putting the plans into action. It can only be possible after selection of an alternative.

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Re-Attempt Weekly Quiz Competition

Planning Test - 4

Result

Planning Test - 4

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SHARING IS CARING

Question 1

One time process

Obsolete Concept

Mental Exercise

Useless Function

Solution

Question 2

Risk of uncertainty

Decision making

Memory

Direction for action

Solution

Question 3

Planning provides directions

Planning reduces risk of uncertainty

Planning leads to rigidity

Planning helps in decision making

Solution

Question 4

To achieve the objectives

To use two times

for an indefinite period

To meet the demand of specific situations

Solution

Question 5

Procedure

Objectives

Method

Policy

Solution

Question 6

Law

Method

Rule

None of these

Solution

Question 7

Policies

Rules

Not Detailed Statement

Detailed Statements

Solution

Question 8

Staffing

Programme

Budget

None of these

Solution

Question 9

Single use and Double use plan

Single use plan and Standing plan

Traditional Plan and Modern Plan

Short term and Medium term plan

Solution

Question 10

Selecting an alternative

Developing premises

Setting objectives

Follow up action

Solution

User

Question Analysis

My Perfomance

Score

-

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