Planning Test -...

The main function of business planning is to provide and implement the ___________.

Basic misconceptions for business plan :

Identify incorrect statement.

Business plans should emphasize ideas and concepts_____________.

Only the founding_________should prepare business plans.

Business plans should be as detailed as possible; the longer the plan, the better chance that the company will be _____________.

________ is thus preparatory step for actions and helps in bridging the gap between the present and the future.

A good business plan is essential to developing the opportunity and determining the___________.

Sakshi Pathak is considering the following questions as she approaches a planning period:
(1) What industries should we get into or out of?
(2) In which business should the corporation invest money?
Which of the following levels would be appropriate to address the questions facing Ms. Pathak?

Planning process comprises determination and laying down of ______________
(i) Objectives, (ii) Policies, (iii) Procedures, (iv) Rules, (v) Remuneration
The correct answer is -