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Planning Test - 46

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Planning Test - 46
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Weekly Quiz Competition
  • Question 1
    1 / -0
    The main function of business planning is to provide and implement the ___________.
    Solution
    Planning is the primary function of management and involves thinking in advance regarding what is to be done etc. It involves selection of objectives, policies, procedures and programmes from among alternatives. The main function of business planning is to provide and implement formal and systematic business plan.
  • Question 2
    1 / -0
    Basic misconceptions for business plan :
  • Question 3
    1 / -0
    Identify incorrect statement.
  • Question 4
    1 / -0
    Business plans should emphasize ideas and concepts_____________.
  • Question 5
    1 / -0
    Only the founding_________should prepare business plans.
  • Question 6
    1 / -0
    Business plans should be as detailed as possible; the longer the plan, the better chance that the company will be _____________.
  • Question 7
    1 / -0
    ________ is thus preparatory step for actions and helps in bridging the gap between the present and the future.
  • Question 8
    1 / -0
    A good business plan is essential to developing the opportunity and determining the___________.
  • Question 9
    1 / -0
    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?
  • Question 10
    1 / -0
    Planning process comprises determination and laying down of ______________
    (i) Objectives, (ii) Policies, (iii) Procedures, (iv) Rules, (v) Remuneration
    The correct answer is -
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