Planning Test

Result

Planning Test - 53

Score
-
out of -
Rank
-
out of -

TIME Taken - -

SHARING IS CARING

If our Website helped you a little, then kindly spread our voice using Social Networks. Spread our word to your readers, friends, teachers, students & all those close ones who deserve to know what you know now.

Weekly Quiz Competition

Question 1
1 / -0

Increasing sale by 15% is _______________.

A
Procedure

B
Method

C
Rule

D
Objective
Solution
All the activities are directed towards objectives. These are the end results of planning. Objectives define the future state of affairs which the organisation want to realise. Example:
- decrease in rejection by 1%
- increase in sales by 15% etc.
Question 2
1 / -0

Planning seeks to bridge the gap between __________.

A
Past and present position

B
Present and Future position

C
Past and Future position

D
None of these

Solution

Under planning process, we set objectives and decide in advance the appropriate course of action for future. Thus planning bridges gap between present and future position.
Question 3
1 / -0

Planning helps in reducing the _______________.

A
Memory

B
Direction for action

C
Risk of uncertainty

D
Decision making

Solution

Planning involves various assumptions, predictions and environmental scanning. Financial and non financial predictions for future reduce the risk of uncertainties.
Question 4
1 / -0

No fine or penalty for violation is charged under __________.

A
Law

B
Rule

C
Method

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 5
1 / -0

Business plans are only for ____________ companies.

A
Running companies

B
Start-up

C
Large companies

D
Small companies

Solution

Business plans are only for start-up companies.

A business plan is a document that details a company's goals and how it intends to achieve them. Business plans can be of benefit to both startups and well-established companies.
Question 6
1 / -0

Which of the following executes strategy into everyday executions tactics?

A
Goal setting

B
Technical planning

C
Operational planning

D
None of the above

Solution

Operational planning executes strategy into everyday executions tactics.

Operational planning is the result of a team or department working to execute a strategic plan.
Question 7
1 / -0

ERP stand for:

A
Enterprise Resource Planning

B
Economic Resource Planning

C
Efficient Resource Planning

D
Economic Resource Processing

Solution

ERP stands for enterprise resource planning. At its most basic level, ERP helps to efficiently manage all these processes in an integrated system. It is often referred to as the system of record of the organisation.
Question 8
1 / -0

____________ involves looking ahead and projecting the future course of events.

A
Organizing

B
Forecasting

C
Controlling

D
Co-ordination

Solution

Forecasting is a decision making tool used by many businesses to help in budgeting, planning and estimating future growth. In simplest terms, forecasting is the attempt to predict future course of actions on the based on past events and management insights.
Question 9
1 / -0

Single use plans are designed only ____________.

A
To use two times

B
To meet the demand of specific situations

C
for an indefinite period

D
To achieve the objectives

Solution

The single use plans are designed for a particular situation and are used for once only. Different plans are made for different situations. e.g. programmes, budgets etc.
Question 10
1 / -0

Which of the following is a detailing process in the mission, objectives, strategies and policies?

A
Strategy formulation

B
Strategy implementation

C
Strategy strategy

D
Strategy achievement

Solution

Strategy formulation refers to the process of building the mission and vision of the business where the main mission of the business with the major objectives for which the business was started is set up along with the strategies and policies to achieve those objectives and mission.

User

Question Analysis

Correct -
Wrong -
Skipped -

My Perfomance

Score
-
out of -
Rank
-
out of -

Re-Attempt Weekly Quiz Competition

Planning Test - 53

Result

Planning Test - 53

Score

-

Rank

-

SHARING IS CARING

Question 1

Procedure

Method

Rule

Objective

Solution

Question 2

Past and present position

Present and Future position

Past and Future position

None of these

Solution

Question 3

Memory

Direction for action

Risk of uncertainty

Decision making

Solution

Question 4

Law

Rule

Method

None of these

Solution

Question 5

Running companies

Start-up

Large companies

Small companies

Solution

Question 6

Goal setting

Technical planning

Operational planning

None of the above

Solution

Question 7

Enterprise Resource Planning

Economic Resource Planning

Efficient Resource Planning

Economic Resource Processing

Solution

Question 8

Organizing

Forecasting

Controlling

Co-ordination

Solution

Question 9

To use two times

To meet the demand of specific situations

for an indefinite period

To achieve the objectives

Solution

Question 10

Strategy formulation

Strategy implementation

Strategy strategy

Strategy achievement

Solution

User

Question Analysis

My Perfomance

Score

-

Rank

-

Results Announcement on: coming Monday

Stay Tuned: We’ll update you on your result via email or SMS.