Question : 'It is not always true that just because a plan has worked before it will work again,' Identify the related limitation of planning?

Option 1: Planning leads to rigidity

Option 2: Planning reduces creativity

Option 3: Planning may not work in a dynamic environment

Option 4: Planning does not guarantee success

Question : It deals with human element of Management. Which management function is highlighted in the given statement?

Option 1: Planning

Option 2: Staffing

Option 3: Organising

Option 4: Directing

Question : It refers to a policy of replacement or substitution of imports by domestic production.
 

Option 1: Industrial policy
 

Option 2: Industrial licensing
 

Option 3: Foreign trade policy
 

Option 4: Import substitution
 

Question : It includes activities that make organisationas' product available to the target customers. Which element of marketing mix is highlighted in the given statement?

Option 1: Product

Option 2: Price

Option 3: Promotion

Option 4: Place
 

Question : It is a comprehensive package of policy measures which covers various issues connected with different industrial enterprises of the country.
 

Option 1: Industrial policy
 

Option 2: Industrial licensing
 

Option 3: Foreign trade policy
 

Option 4: Import substitution