Question : Identify the key elements of planning form the following.
Option 1: Determining the objectives
Option 2: Identifying alternative course of action
Option 3: Selecting the best course of action
Option 4: All of these
Correct Answer: All of these
Solution : Key element of planning are Setting up of the objective:- Set target and results. Listing the various alternative for achieving the objective:- Finding various oprions available to achieve objectives. Selecting an alternative:- Choosing one or combination of two or more alternative to achieve goal. Hence, option 4 is the correct answer.
Question : This step of planning process is the real point of decision making. Identify the step?
Question : Manager is required to make certain assumption about the future. Identify the step in planning process.
Question : Identify the correct sequence of step involved in the planning process?
Question : A company is manufacturing garments. The manager wants to increase profit by purchasing new high speed machine or increasing the sale price or using waste material in manufacturing stuffed toys. Identify the step of planning process?
Question : Case Study: DEF Educational Institute (Continued)
In planning the new vocational course, what should DEF Educational Institute do after identifying various courses of action?
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile