Question : Identify the key elements of planning form the following.
Option 1: Determining the objectives
Option 2: Identifying alternative course of action
Option 3: Selecting the best course of action
Option 4: All of these
Correct Answer: All of these
Solution : Key element of planning are Setting up of the objective:- Set target and results. Listing the various alternative for achieving the objective:- Finding various oprions available to achieve objectives. Selecting an alternative:- Choosing one or combination of two or more alternative to achieve goal. Hence, option 4 is the correct answer.
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 : Manager is required to make certain assumption about the future. Identify the step in planning process.
Option 1: Developing premises
Option 4: Identifying the alternative course of action
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 : 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 2: Evaluating the alternative course of action
Option 3: Selecting an alternative
Option 4: Identifying alternative courses of action
Question : Case Study: DEF Educational Institute (Continued)
In planning the new vocational course, what should DEF Educational Institute 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
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