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. In the above case, 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. This lines shows Identifying alternative courses of action Hence, option 4 is the correct answer.
Question : Identify the correct sequence of step involved in the planning process?
Option 1: Evaluating alternative courses, Identifying alternative courses of action, Setting objective, developing premises
Option 2: Setting objective, Identifying alternative course of action, Evaluating alternative courses, Developing premises
Option 3: Setting objective, Developing premises, Listing the various alternative for achieveing the objective, Evaluating alternative courses.
Option 4: Developing premises, Identifying alternative course of action, Evaluating alternaative courses, Setting objective.
Question : This step of planning process is the real point of decision making. Identify the step?
Option 1: Identifying the alternative course of action
Option 2: Evaluating the alternative courses of action
Option 3: Selecting the alternative
Option 4: None of the above
Question : Identify the step of planning process where other managerial functions also come into picture.
Option 1: Implementing the plan
Option 2: Follow up action
Option 3: Evaluating the alternative course of action
Question : 'To see whether plans are being implemented and activities are being performed according to schedule is a step of planning process. Identify the step'.
Question : Name the most critical step in the process of planning.
Option 2: Developing the plan
Option 3: Selecting the best possible course of action
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