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Planning

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Question : ABC Ltd. is a reputed company. They had devoted a lot of time and money to its plan. Identify the limitation of planning mentioned here.

Option 1: Planning may not guarantee success

Option 2: Planning may not work in a dynamic environment

Option 3: Planning involves huge cost

Option 4: Planning creates rigidity

Team Careers360 11th Jan, 2024

Correct Answer: Planning involves huge cost


Solution : Planning process involves lot of cost because it is an intellectual process and companies need to hire the professional experts to carry on this process. Along with the salary of these expert the company has to spend lot of time and money

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Question : Comprehension:
Read the given passage and answer the questions that follow.
With an impressive growth in yields, Telangana now claims to be transforming into the rice bowl of India. The Food Corporation of India (FCl) has procured 52 lakh tonnes of paddy from Telangana alone, which is more than half of the national target of 91 lakh tonnes. The state's harvests have nearly doubled in a year. Paddy production is up 93%, maize 95%, and cotton 74%, according to the Telangana Planning Department.

The state is also making its mark as a producer of paddy seed. "About 85% of our village's paddy is of a fine variety that farmers in MP, Haryana, Bengal, and Bihar use as seed," said a farmer in Anksapur Village in Nizamabad district. The seed crop sells at a premium over the state's minimum support price for paddy.

Question:
"The state is also making its mark as a producer of paddy seed." The expression underlined in the sentence means that the state is:

Option 1: drawing a mark on the map of India for paddy seeds

Option 2: trying to become number one in producing paddy seeds

Option 3: being praised for producing quality paddy seeds

Option 4: being noticed or recognised as a major supplier of paddy seeds

Team Careers360 25th Jan, 2024

Correct Answer: being noticed or recognised as a major supplier of paddy seeds


Solution : The correct option is the fourth option.

Explanation:
This expression implies that the state is establishing a significant presence or reputation in the production of paddy seeds. The phrase, being noticed or recognised as a

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Question : Which of the following is not a feature of scientific management?

 

Option 1: Emphasis on individual initiative

Option 2: Application of scientific methods

Option 3: Systematic planning and control

Option 4: Emphasis on worker training

Team Careers360 13th Jan, 2024

Correct Answer: Emphasis on individual initiative


Solution : The correct answer is (a) Emphasis on individual initiative.

Scientific management primarily focuses on the systematic analysis and optimization of work processes to improve efficiency and productivity. While individual initiative can be important in an organizational context, it is not a primary

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Question : During which Five-year Plan was the suspension of the planning process observed in India?

 

Option 1: First Five-year Plan

Option 2: Third Five-year Plan

Option 3: Fifth Five-year Plan

Option 4: Sixth Five-year Plan

Team Careers360 23rd Jan, 2024

Correct Answer: Fifth Five-year Plan


Solution : The suspension of the planning process was observed during the Fifth Five-year Plan in India, primarily due to internal economic and political challenges.

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Question : Case Study: ABC Retail Chain 

In the planning process for expanding its product range, what should ABC Retail Chain do after identifying various courses of action?

Option 1: Evaluating alternative courses of action
  

Option 2: Identifying potential risks
 

Option 3: Setting objectives and goals

 

Option 4: Allocating resources

Team Careers360 25th Jan, 2024

Correct Answer: Evaluating alternative courses of action
  


Solution : The correct answer is (a). Evaluating alternative courses of action

Once the potential courses of action are identified, the next logical step is to evaluate and compare them to determine which one aligns best with the organization's objectives and goals. This

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Question : Case Study 20:

PQR Inc. is a conglomerate planning to acquire a pharmaceutical company to diversify its business.

Question : 

To fund the acquisition of the pharmaceutical company, PQR Inc. is considering issuing bonds. What type of market activity is this?

Option 1: Primary market
 

Option 2: Secondary market
 

Option 3: Money market trading

 

Option 4: Equity share issuance

Team Careers360 21st Jan, 2024

Correct Answer: Primary market
 


Solution : The correct answer is (a) Primary market

When PQR Inc. considers issuing bonds to fund the acquisition of the pharmaceutical company, this activity is associated with the primary market. The primary market is where new securities, such as bonds or stocks, are issued and

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Question : Case Study: PQR Educational Institute

PQR Educational Institute is a well-reputed school offering various academic programs. They are planning to introduce new co-curricular activities to enhance students' overall development.

Question:

The type of plan that PQR Educational Institute should develop to implement the new co-curricular activities is:

Option 1: Tactical plan
 

Option 2: Strategic plan
   

Option 3: Contingency plan

   

Option 4: Operational plan

Team Careers360 9th Jan, 2024

Correct Answer: Operational plan


Solution : The correct answer is (d) Operational plan

An operational plan is a detailed plan that outlines the specific activities, tasks, and processes required for the day-to-day implementation of an organization's activities. In this case, it would cover the detailed execution of the new co-curricular

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Question : Case Study 18:

LMN Corporation is a conglomerate planning to diversify its operations by entering the healthcare industry.

Question : 

To finance its entry into the healthcare industry, LMN Corporation is considering issuing bonds. What type of market activity is this?

Option 1: Secondary market
 

Option 2: Primary market
 

Option 3: Money market trading

 

Option 4: Equity share issuance

Team Careers360 17th Jan, 2024

Correct Answer: Primary market
 


Solution : The correct answer is (b) Primary market

Issuing bonds to finance its entry into the healthcare industry would involve engaging in the primary market. The primary market is where new securities, like bonds, are issued and sold for the first time by the issuing

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