Planning – Test 6

_____ is deciding in advance the course of action to be followed

___________ represents the end point of planning

Strategic plans target _________  but provide a brief guidance on how to achieve them

______  reflects belief and philosophy of management

Which qualities should a person possess while planning

Only economists & technicians employed by the management as staff experts are involved in making forecasts

_____  specifies the manner of doing work, i.e., sequence for handling future activites

Which amongst the following is rigid and specific & cannot be changed ?

__ is supported by capital revenue & expense budgets.

Method of evaluation of various alternative are:

Second step of planning process is the establishment of:

Planning Premises can be

Quality of forecasts depends upon:

The possible condition for decision making would be :

While planning of expansion _______ might be the limiting factor

Certainity, risk and uncertainty are the three possible conditions of :

Planning provides _______ for the future

Planning is fully reliable

Government rules and regulations are ___________ constraints

_________ helps the managers during the decision making process

Every manager has the power to make policies but within the limits of his authority

______ helps the management to arrive at a correct decision

Which of the following are Principles of Decision making ?

__________ arises when the decision maker knows exactly what will happen.

Policies must be rigid and should not allow discretion on the part of subordinates.