Planning – Test 1

Planning means deciding in the …. what to do in the …..

How you will describe the planing as function of management?

Planning deals with future and involves forecasting.

According to …. planning is the selecting and relating of facts and the making and using of assumptions regarding the future in the visualization and formulation of proposed activities believed necessary to achieve desired results.

Planning is a … work

Planning is a guess work.

Which of the following statement is incorrect?

The essential nature of planning –

Planning-

Which of the following is the most basic function of management?

Statement I: Planning and controlling are two side of one coin.
Statement II: Planning is a pervasive function.

Which of the following qualities should a person posses to succeed in planning?
(I) Reflective thinking
(II) Pondering
(III) Imagination
(IV) Farsightedness
(V) Reflecting

What is the planning horizon?

Which of the following statement reflects the importance of planning?

Which of the following statement is incorrect?

Planning do not suffer or affected by any sort of limitation.

Limitations of planning:…….

Which of following statement is correct?

Which of the following is limitation of planning?

What three problems commonly hindering successful planning?

A … statement defines the company’s business, its objectives and its approach to reach those objectives.

A business enduring statement of the intent of business which reflects the belief and philosophy of management is known as-

Objectives of business organization can be-

…… as a general statement of understanding lays down the limits within which decisions are to be made and assures consistent unified performance.

Which of the following statement is incorrect?