Question : Assertion: A good planning process involves continuous monitoring and control.
Reason: Monitoring helps in identifying deviations and taking corrective actions.
Option 1:
Both assertion and reason are correct, and the reason is a correct explanation.
Option 2: Both assertion and reason are correct, and the reason is not correct explanation.
Option 3: Assertion is false, but the reason is correct.
Option 4: Assertion is correct, but the reason is false.
Correct Answer:
Solution : The correct answer is (a) Both assertion and reason are correct, and the reason is a correct explanation.
The assertion is correct as a good planning process does involve continuous monitoring and control. The reason is also correct because monitoring is an essential part of the planning process, helping in identifying deviations from the plan and enabling the organization to take corrective actions to ensure the achievement of objectives.
Question : Assertion: Planning helps in reducing uncertainty and risks.
Reason: Planning involves forecasting and assessing potential challenges.
Question : Assertion: A good planning process ensures efficient utilization of resources.
Reason: Planning helps in identifying excess resources and eliminating them.
Question : Assertion: Policies guide the behavior and actions of employees.
Reason: Policies are related to employee behavior.
Question : Assertion: Budgeting helps in controlling expenditures.
Reason: Budgeting does not involve any control measures.
Question : Assertion: Strategy involves the allocation of resources to achieve organizational goals.
Reason: Strategy does not involve resource allocation.
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