Question : It is a plan which quantifies future facts and figures?
Option 1: Procedure
Option 2: Budget
Option 3: Rule
Option 4: Programme
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, these are financial in nature but it does not mean that company prepares only financial budget. In the above case, It is a plan which quantifies future facts and figures are related to budget plan. Hence, option 2 is the correct answer.
Question : Which one of the following is a single use plan?
Option 1: Strategy
Option 2: Rule
Option 3: Budget
Option 4: Method
Question : A company needs a detailed plan for its new project-construction of shopping mall. What type of plan it is?
Option 1: Budget
Option 2: Rules
Option 3: Programme
Option 4: Procedure
Question : ___________ is the type of plan which is time bound and linked with measurable outcome.
Option 2: Policy
Option 4: Budget
Question : Name the type of plan in which the move of competitors is considered?
Option 3: Strategy
Question : Name the type of plan, which is in the form of general statements and channelises energies towards a particular directions.
Option 3: Policy
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