Planning
Question : Case Study: MNO Healthcare Solutions
MNO Healthcare Solutions is a healthcare startup that aims to provide affordable medical services to underserved areas. The company is in the early stages of development and is looking for ways to expand its reach. Question:
In the planning process for expansion, what should MNO Healthcare Solutions do after identifying potential risks?
Option 1: Evaluating alternative courses of action
Option 2: Identifying various courses of action
Option 3: Developing premises
Option 4: Allocating resources
Correct Answer: Evaluating alternative courses of action
Solution : The correct answer is (a). Evaluating alternative courses of action
Evaluating alternative courses of action allows MNO Healthcare Solutions to consider different scenarios and choose the most effective and feasible way to proceed, taking into account the potential challenges and opportunities
Question : Assertion-Reason Questions: Chapter - Sources of Business Finance
Questions : Business Finance and Its Meaning
Assertion: Financial planning contributes to maximizing the wealth of shareholders and stakeholders.
Reason: Financial planning only considers short-term profitability and ignores long-term growth.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Both assertion and reason are false.
Correct Answer: Assertion is true, but the reason is false.
Solution : The correct answer is (c) Assertion is true, but the reason is false.
The assertion that "Financial planning contributes to maximizing the wealth of shareholders and stakeholders" is true. Financial planning involves strategic decisions aimed at optimizing financial
Question : Statement 1: India, Pakistan, and China have experienced an increase in the birth rate.
Statement 2: Government initiatives promoting family planning and awareness programs have led to a increase in the birth rate in these countries.
Option 1: Both statements are true.
Option 2: Both statements are false.
Option 3: Statement 1 is true, Statement 2 is false.
Option 4: Statement 2 is true, Statement 1 is false.
Correct Answer: Both statements are false.
Solution : The correct answer is (b) Both statements are false.
In reality, India, Pakistan, and China have experienced a decline in their birth rates over the years due to various factors, including increased access to education, healthcare, and family planning services. Government initiatives
Question : The Planning Commission of India has divided India into how many Agro-climatic Zones?
Option 1: 15
Option 2: 25
Option 3: 18
Option 4: 20
Correct Answer: 15
Solution : The correct option is 15.
The Planning Commission of India, which has now been replaced by the NITI Aayog (National Institution for Transforming India), had divided India into 15 agro-climatic zones. This classification was done to facilitate agricultural planning and development due to the
Question : Case Study 81
OPQ Ltd. is a technology startup planning to trade its shares on a stock exchange. The company's management is reviewing the protective functions of SEBI.
Question :
What is the main aim of SEBI's protective functions?
Option 1: Promoting economic growth
Option 2: Ensuring transparency
Option 3: Encouraging mergers
Option 4: Setting dividend rates
Correct Answer: Ensuring transparency
Solution : The correct answer is (b) Ensuring transparency
The main aim of SEBI's protective functions is to ensure transparency in the securities market. SEBI's protective functions are designed to safeguard the interests of investors and maintain the integrity and fairness of the market. By enforcing
Question : Case Study: ABC Educational Institute
ABC Educational Institute is a reputed school with a large student population. The management is planning to introduce a new curriculum to meet the changing educational needs. Question: The type of plan that ABC Educational Institute should develop to implement the new curriculum is:
Option 1: Tactical plan
Option 2: Strategic plan
Option 3: Contingency plan
Option 4: Operational plan
Correct Answer: Strategic plan
Solution : The correct answer is (b) Strategic plan
A strategic plan is most appropriate when an organization, in this case, a school like ABC Educational Institute, is making significant changes such as introducing a new curriculum. A strategic plan would involve setting long-term goals, outlining
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?
Option 1: Developing premises
Option 2: Evaluating the alternative course of action
Option 3: Selecting an alternative
Option 4: Identifying alternative courses of action
Correct Answer: Identifying alternative courses of action
Solution : After setting up of objective, the manager make a list of alternatives through which the organisation can achieve its objective as there can be many ways to achieve the objective and manager must know all the ways to reach the objectives.
Question : 'Planning is thinking process, the organised foresight, the vision based on facts and experience i.e. required for intelligent action.' This defination of planning is given by.
Option 1: Henry fayol
Option 2: Alfred and beatty
Option 3: Hurley
Option 4: FW Taylor
Correct Answer: Alfred and beatty
Solution : According to Alfred and Beaty: “Planning is the thinking process, the organized forecast, the vision based on fact and experience that is required for intelligent action.” Planning is a process in which decisions are taken in advance. Hence, option 2 is the correct
Question : For which one of the following commissions there is no provision in the Indian Constitution?
Option 1: Election Commission
Option 2: Finance Commission
Option 3: Planning Commission
Option 4: Union Public Service Commission
Correct Answer: Planning Commission
Solution : The correct option is the Planning Commission.
The Planning Commission was superseded in 2015 by the NITI Aayog (National Institution for Transforming India), which is a statutory entity rather than a constitutional one. Furthermore, the National Development Council (NDC) is a platform that
Question : Case Study 4:
PQR Inc. is a global corporation with a diversified portfolio. The company is planning to expand its operations into new markets and needs a skilled workforce. Evaluate the following scenarios and choose the correct option: Question:
To assess the effectiveness of the newly recruited employees, PQR Inc. conducts performance reviews at regular intervals. What aspect of staffing does this relate to?
Option 1: Recruitment
Option 2: Selection
Option 3: Training and development
Option 4: Performance appraisal
Correct Answer: Performance appraisal
Solution : The correct answer is (d) Performance appraisal
When PQR Inc. conducts performance reviews at regular intervals to assess the effectiveness of newly recruited employees, it relates to the performance appraisal aspect of staffing. Performance appraisal involves the systematic evaluation of employees' job performance, providing
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