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Planning

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Question : The Economic Survey of India is presented annually by which organization?

Option 1: Reserve Bank of India (RBI)

Option 2: Ministry of Finance

Option 3: Securities and Exchange Board of India (SEBI)

Option 4: Planning Commission

Team Careers360 23rd Jan, 2024

Correct Answer: Ministry of Finance


Solution : The correct answer is (b) Ministry of Finance.

The Economic Survey of India is a flagship document that provides an assessment of the country's economic performance, highlights key policy issues, and offers policy recommendations. It is prepared by the Economic Division of the

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Question : Case Study: STU Educational Institute

STU Educational Institute is a well-reputed school offering various academic programs. They are planning to enhance their extracurricular activities to foster holistic development among students.

Question:

The step STU Educational Institute should take to identify potential challenges and opportunities in enhancing extracurricular activities is:

Option 1: Evaluating alternatives
   

Option 2: Setting objectives and goals
 

Option 3: Identifying potential risks

 

Option 4: Allocating resources

Team Careers360 16th Jan, 2024

Correct Answer: Identifying potential risks

 


Solution : The correct answer is (c). Identifying potential risks

Identifying potential risks allows STU Educational Institute to proactively address and mitigate obstacles that may arise during the process of enhancing extracurricular activities.

Therefore, Identifying potential risks is the most appropriate choice for identifying challenges

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Question : Name the most critical step in the process of planning.

Option 1: Implementing the plan 

Option 2: Developing the plan 

Option 3: Selecting the best possible course of action 

Option 4: None of the above 

Team Careers360 17th Jan, 2024

Correct Answer: Selecting the best possible course of action 


Solution : The best alternative is selected but as such there is no mathematical formula to select the best alternative. Selecting the best alternative is most critical step in the planning process, because if wrong plan is selected then whole process

6 Views

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 25th 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 : Comprehension:
Read the given passage and answer the questions that follow.
Such examples of commercial success, of 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 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 synonym of the given word with reference to its usage in the passage.
Asphyxiating

Option 1: Emancipating

Option 2: Liberating

Option 3: Smothering

Option 4: Unfettering

Team Careers360 17th Jan, 2024

Correct Answer: Smothering


Solution : The correct choice is the third option.

"Asphyxiating" means to cause someone or something to suffocate or be deprived of air, resulting in a feeling of being unable to breathe. In the passage, it is used metaphorically to describe the feeling of being held

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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 17th 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

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Question : Department and individuals in the organisation are able to work in co-ordination. Which importance of planning is highlighted in the above statement?

Option 1: Planning provide direction

Option 2: Planning reduces overlapping and wasteful activities 

Option 3: Planning reduces the risk of uncertainty 

Option 4: Planning facilitates decision making

Team Careers360 19th Jan, 2024

Correct Answer: Planning provide direction


Solution : The term "planning" refers to a predetermined course of action. It gives the instructions. It provides direction to employees' efforts. Planning clarifies what employees must do, how they must do it, and so on. This also leads to unity of direction; without planning,

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Question : Case Study: STU Educational Institute

STU Educational Institute is a well-reputed school offering various academic programs. They are planning to enhance their extracurricular activities to foster holistic development among students.

Question:

To overcome the limitations of planning, STU Educational Institute can focus on:

Option 1: Incorporating flexibility in the plans
    

Option 2: Relying solely on top management's decisions
 

Option 3: Limiting employee involvement

    

Option 4: Adopting a reactive approach

Team Careers360 24th Jan, 2024

Correct Answer: Incorporating flexibility in the plans
    


Solution : The correct answer is (a). Incorporating flexibility in the plans

Planning inherently involves uncertainty, and incorporating flexibility allows an organization to adapt to changes and unforeseen circumstances. This adaptability ensures that plans remain relevant and effective in dynamic environments.

Therefore, Incorporating

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