Question : 'To see whether plans are being implemented and activities are being performed according to schedule is a step of planning process. Identify the step'.
Option 1: Implementing the plan
Option 2: Follow up action
Option 3: Evaluating the alternative course of action
Option 4: None of the above
Correct Answer: Follow up action
Solution : Planning is an ongoing process, the manager's job does not end simply by putting the plan into action. The managers closely monitor the plan's implementation. Monitoring the plan is critical because it helps to determine whether the conditions and predictions assumed in the plan are still valid in the current situation. Hence, option 2 is the correct answer.
Question : Identify the step of planning process where other managerial functions also come into picture.
Question : This step of planning process is the real point of decision making. Identify the step?
Question : What is meant by 'follow up action' as the step involved in the process of planning?
Question : 'To evaluate such proposal detailed calculation of earning, earning per share, interest, taxes, dividends are made and decisions taken' Identify the step of planning function of management is highlighted above.
Question : Identify the correct sequence of step involved in the planning process?
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