Planning-MCQ

MULTIPLE CHOICE QUESTIONS

CHAPTER 4: Business Environment

1. Which of the following is a feature of planning:-
   (a) Focuses on achieving goals
   (b) Pervasive
   (c) Mental exercise
   (d) All of the above


2. By comparing ______ with standards manager can know whether the goals are achieved or not:-
   (a) Risk
   (b) Ideas
   (c) Actual performance
   (d) Costs


3. Planning provides direction is a
   (a) Importance of planning
   (b) Limitation of planning
   (c) Characteristics of planning
   (d) Method


4. _______ guides for decision making :-
   (a) Rule
   (b) Policy
   (c) Procedure
   (d) Method


5. ______ type of plan is not likely to be repeated in future:-
   (a) Standing plan
   (b) Programme
   (c) Single use plan
   (d) Method


6. Advertising of a product is a part of _________
   (a) Strategy
   (b) Rule
   (c) Budget
   (d) Method


7. The sub ordinates are given complete freedom in taking decisions is a part of
   (a) Rule
   (b) Stratergy
   (c) Policy
   (d) Procedure


8. _______ are detailed statements about a project which outlines the objectives, rules, etc.
   (a) Budget
   (b) Programme
   (c) Single use plan
   (d) Policy


9. ______ forecasts the sales of different products in each area for particular month:-
   (a) Sales budget
   (b) Sales accounts
   (c) Sales cost
   (d) None of the above

Answer Keys

1

d

2

c

3

a

4

b

5

d

6

a

7

c

8

b

9

a