Question : ___________ is the type of plan which is time bound and linked with measurable outcome.
Option 1: Strategy
Option 2: Policy
Option 3: Rule
Option 4: Budget
Correct Answer: Budget
Solution : Budget is the statement of expected result expressed in numerical terms. In budget, the results are always measurable and most of the time. Budget is the type of plan which is time bound and linked with measurable outcome. Hence, option 4 is the correct answer.
Question : The acronym SMART in SMART objectives stands for:
Option 1: Specific, Measurable, Actionable, Realistic, Time-bound
Option 2: Strategic, Measurable, Achievable, Relevant, Timely
Option 3: Specific, Measurable, Achievable, Relevant, Time-bound
Option 4: Strategic, Measurable, Ambitious, Realistic, Time-bound
Question : Name the type of plan in which the move of competitors is considered?
Option 1: Budget
Option 2: Rule
Option 3: Strategy
Option 4: Method
Question : Which one of the following is a single use plan?
Option 3: Budget
Question : Name the type of plan, which is in the form of general statements and channelises energies towards a particular directions.
Option 3: Policy
Question : Which of the following is not a characteristic of effective objectives?
Option 1: Measurable
Option 2: Ambiguous
Option 3: Time-bound
Option 4: Attainable
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