Advertisements
Advertisements
Question
A short-term plan is also known as a ______.
Options
Controlling Plans
De-controlling Plans
Rolling Plans
De-rolling Plans
Solution
A short-term plan is also known as a controlling Plans.
APPEARS IN
RELATED QUESTIONS
Explain any three features of 'Planning.'
Two years ago Madhu completed her degree in food technology. She worked for sometime in a company manufacturing chutneys, pickles and murabbas. She was not happy in the company and decided to have her own organic food processing unit for the same. She set the objectives and the targets and formulated action plan to achieve the same.
One of her objective was to earn 10% profit on the amount invested in the first year. It was decided that raw materials like fruits, vegetables, spices etc. will be purchased on three months credit from farmers cultivating organic crops only. She also decided to follow the steps required for marketing of the products through her own outlets. She appointed Mohan as a Production Manager who decides the exact manner in which the production activities are to be carried out. Mohan also prepared a statement showing the number of workers that will be required in the factory throughout the year. Madhu informed Mohan about her sales target for different products, areawise for the forthcoming quarter. While working on the production table a penalty of Rs 100 per day for not wearing the caps, gloves and apron was announced. Quoting lines from the above para identify and explain the different types of plans discussed.
Explain any three points that highlight the importance of planning.
What are the main aspects in the definition of planning?
M.N. Roy was associated with ______.
Arrange the following plans in correct chronological order
a) People’s Plan
b) Bombay Plan
c) Jawaharlal Nehru Plan
d) Vishveshwarya Plan
Define economic planning.
Trace the evolution of economic planning in India.
Regional planning relates to ______.
“Changes or events cannot be eliminated but they can be anticipated and managerial responses to them can be developed.” is suggested by the following importance of planning.
Planning is closely connected with ______ and ______.
Planning requires logical and systematic thinking rather than guess work. The feature of planning being referred to in the above statement is.
In which state in Bharmaur Tribal Region situated?
When did NITI Aayog replace the Planning Commission?
Hill area development programme does not include ______.
Read the following text and answer the following question on the basis of the same:
Simplex limited had been taken over by Mundhra Group immediately following India’s independence. Since then it enjoys a rich record of industry presence and experience. In 2005, with the aim to accelerate growth the company had gone through several rounds of meetings and discussions before launching ERP system to attract large projects. The management had done effective forecast and critical thinking regarding allocation resources to reduce wastage. For this purpose the company had laid down multiple courses of action to meet the challenge of adverse situations. In 2008, the company suffered loss in many projects due to the great recession despite taking many cost cutting measures. The management had taken utmost care regarding the possible outcome and timely review of the plans to achieve the set target during that hard time. In 2010 the system implemented successfully which subsequently helped the company to execute numerous projects with precision and timeliness.
“The management had taken utmost care regarding the possible outcome and timely review of the Plans to achieve the set target during that hard time.” Which is the last step of the Process mentioned here?
Which of the following is not a benefit of planning?
'Planning is required in all organisations, at all levels and in all departments.'
______ feature of Planning is stated in the above statement?
Assertion (A): Planning is a primary function of management.
Reason (R): Planning is required at all levels of management as well as in all departments of the organisation.
Match the FEATURES of Planning in Column I with the appropriate EXPLANATION in Column II.
| Column I | Column II | |
| (i) | Mental exercise | Involves looking ahead and is regarded as a forward looking function. |
| (ii) | Futuristic | An intellectual activity of thinking rather than doing. |
| (iii) | Continuous | Need for a new plan on the basis of new requirements and future conditions. |
