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Planning

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Question : Which of the following statements about planning is not true?

Option 1: Planning is a pre-requisite for controlling in the management process.

Option 2: Planning does not lead to rigidity

Option 3: Planning enables a manager to look ahead and anticipate changes

Option 4: .Planning facilitates coordination among departments and individuals in the organization.

Team Careers360 23rd Jan, 2024

Correct Answer: Planning does not lead to rigidity


Solution : Having a plan places managerial operations under a strict framework. Plans are followed to execute programmes. Instead of reaching the goals, managers start to focus more on following the guidelines outlined in the plan.

Hence, option B is the correct

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Question : Questions : Business Finance and Its Meaning

Statement 1: Financial planning plays a pivotal role in effective resource allocation.

Statement 2: Financial planning primarily focuses on production activities.

Option 1: Statement 1 is true, and statement 2 is false.
   

Option 2: Statement 1 is false, and statement 2 is true.
 

Option 3: Both statements 1 and 2 are true.

 

Option 4: Both statements 1 and 2 are false.

Team Careers360 20th Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.
   


Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.

Statement 1 is true. Financial planning indeed plays a pivotal role in effective resource allocation within a business. It involves allocating financial resources

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Question : Questions : Business Finance and Its Meaning

Statement 1: Financial planning is crucial for effective utilization of financial resources.

Statement 2: Financial planning only considers short-term objectives.

Option 1: Statement 1 is true, and statement 2 is false.
  

Option 2: Statement 1 is false, and statement 2 is true.
   

Option 3: Both statements 1 and 2 are true.

 

Option 4: Both statements 1 and 2 are false.

Team Careers360 20th Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.
  


Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.

Statement 1 is true. Financial planning involves creating a strategy to manage, allocate, and utilize financial resources effectively to achieve short-term and long-term

9 Views

Question : Questions : Business Finance and Its Meaning

Statement 1: Financial planning contributes to maximizing shareholder wealth and company value.

Statement 2: Financial planning does not consider the interests of stakeholders.

Option 1: Statement 1 is true, and statement 2 is false.
 

Option 2: Statement 1 is false, and statement 2 is true.
 

Option 3: Both statements 1 and 2 are true.

 

Option 4: Both statements 1 and 2 are false.

Team Careers360 22nd Jan, 2024

Correct Answer: Statement 1 is true, and statement 2 is false.
 


Solution : The correct answer is (a) Statement 1 is true, and statement 2 is false.

Statement 1 is true. Financial planning is designed to contribute to maximizing shareholder wealth and company value. Through effective financial planning, a company

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Question : Comprehension:

Read the given passage and answer the questions that follow.

Such examples of commercial success, innovation, drive, vision, determination, adaptability, and adventure are anchored in the basic Indian openness to, and talent for, acquiring material wealth. For every success story, there are, of course, dozens of failures. Traditional Indian firms have their strengths, but also their weaknesses, and of these perhaps the most debilitating are a lack of teamwork and a weakness for a quick profit. These reflect ingrained ways of thinking and planning, as does the distrust of anyone outside the family, which inhibits the adoption of modern practices of management. But such weaknesses are more than compensated for by the desire to succeed, which is probably more intense in India, given the omnipresent fear of poverty, the cut-throat competition for each opportunity, and the asphyxiating hold of hierarchy.

Question:

Select the most appropriate ANTONYM of the given word with reference to its usage in the passage.

Debilitating

Option 1: Enfeebling

Option 2: Crippling

Option 3: Invigorating

Option 4: Undermining

Team Careers360 25th Jan, 2024

Correct Answer: Invigorating


Solution : The correct choice is the second option.

Debilitating means to make someone very weak, whereas, "invigorating" means to make one feel strong and full of energy. Thus, making it the correct antonym for the given word.

The meanings of the other options are as follows:

18 Views

Question : Case Study: ABC Retail Chain

ABC Retail Chain is a popular brand with multiple stores across the country. They are planning to expand their product range by adding organic and eco-friendly products.

Question:

The importance of planning for ABC Retail Chain in expanding their product range includes:

Option 1: Enhancing the decision-making process
    

Option 2: Limiting financial resources
 

Option 3: Ignoring external factors

 

Option 4: Restricting employee autonomy

Team Careers360 24th Jan, 2024

Correct Answer: Enhancing the decision-making process
    


Solution : The correct answer is (a) Enhancing the decision-making process

Planning is crucial for making informed and effective decisions. In the context of expanding the product range, planning helps ABC Retail Chain analyze market trends, consumer preferences, and competitive landscapes. It enables them

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Question : Read the passage given below and then answer the questions given below the passage. Some words may be highlighted for your attention. Read carefully.


Billionaire Mukesh Ambani's telecom venture Reliance Jio Infocom is planning to foray into automobile telematics with the launch of a device that will control vehicle's movement and alert owner about fuel and battery through a mobile app. "Reliance Jio is ready with a car connected device that will have multiple features like immobilize car at the time of theft, alert owner about car movement, locate car and also provide wi-fi within car, The owner needs to use Jio sim in the device to avail benefits." an industry source said. The company is in advance talks with automobile companies to launch it very soon. "There are lots of factors that determine price, but price of the car connected device is estimated to be either equal to or less than its Jio's wifi device which costs around Rs 2,000," the source said. With help of Jio's car management device, the owner will get information about the way his driver is driving the car, the movement of vehicle can be restricted within a geography, switch on AC of car from any remote location, get alert of car break etc. "Jio is working on the modalities on its sales model for the existing cars as well" the source said. The device and application has been internally developed by Jio but the hardware device will be initially imported from China. "Jio has asked its device vendor to start making it in India after initial rollout," the source said. Besides this, the company is also scaling up its fibre to the home project for which it is running pilot in some cities including Delhi and Mumbai. "With Fibre to the home, Jio will focus on automatic entire home from entertainment to home surveillance to utility management, the source said. Jio has touched a customer base 7.24 crore and claims to be adding 1 lakh mobile subscribers per day. The company has set target to cross 10 crore customers by March 31, 2017.

Question:
Which of the following is ensured mostly through the use of JIO sim?

Option 1: Security
 

Option 2: Better models
 

Option 3: More entertainment
 

Option 4: More comfort

Team Careers360 23rd Jan, 2024

Correct Answer: Security
 


Solution : The correct answer is option 1.

Explanation

Reading over all the services that Jio may offer via the Jio sim, it can be deduced that everything will be incredibly safe, from a car's position to its immobility when stolen or managing things in a home.

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