English

The purpose of planning is to meet future events effectively to the best advantage of an organisation. This statement highlights which of the following features of planning? - Business Studies

Advertisements
Advertisements

Question

The purpose of planning is to meet future events effectively to the best advantage of an organisation. This statement highlights which of the following features of planning?

Options

  • Planning focuses on achieving objectives.

  • Planning involves decision-making.

  • Planning is the primary function of management.

  • Planning is futuristic.

MCQ

Solution

Planning is futuristic

Explanation: 

The goal of planning is to properly meet future occurrences to the benefit of an organization. Planning entails projecting future events and conditions and developing strategies in response. As a result, Planning is forward-thinking.

shaalaa.com
  Is there an error in this question or solution?
2022-2023 (March) Delhi Set 1

RELATED QUESTIONS

Give the meaning of 'Objectives' as a type of plan.


Can planning work in a changing environment? Give a  reason to justify your answer. 


If planning involves working out details for the future, why  does it not ensure success? 


Which of the following plan has focused on the agriculture and rural economy?


Who wrote the book ‘The Road to Serfdom’?


Bring out the arguments against planning.


Is a rule of thumb that managers use to simplify decision-making.


Which of the following is not true about planning?


What is known as the primary function of management?


Assertion (A): Planning is futuristic.

Reason (R): Planning is concerned with the future which is certain and does not require forecast.


On which factor does the economic development of a region depends?


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?


What are the main features to be considered by the management while planning?


Match the CATEGORY being marketed in Column I with the correct EXAMPLE in Column II.

  Column I   Column II
(1) Ideas (i) Film festival
(2) Experience (ii) Family Planning
(3) Events (iii) Mountaineering

'Planning is required in all organisations, at all levels and in all departments.'

______ feature of Planning is stated in the above statement? (1)  (2) Planning is pervasive (3) Planning is a mental exercise (4) None


"lntegrated tribal development project laid the highest priority on development of transport and communications, agriculture and allied activities & social and community services" Examine the statement' in the context of Bharmaur region. 


A ______ is a comprehensive plan designed to implement the policies and accomplish the objectives of an organisation.


Share
Notifications

Englishहिंदीमराठी


      Forgot password?
Use app×