Question : __________ specifies the end to be achieved.
Option 1: Objective
Option 2: Strategy
Option 3: Policy
Option 4: Method
Correct Answer: Objective
Solution : All activities are guided towards objectives. Serve as guide for overall business planning. Objective are the end result of planning. This are usually set up by top level management. Hence, option 1 is the correct answer.
Question : Which plan defines as the formalised of systematic way of doing routine and repetitive jobs?
Option 3: Method
Option 4: None of these
Question : A company wants to introduce a new product. What type of plan should it prepare?
Question : Sohan is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.
Option 1: Method
Option 2: Objective
Option 3: Strategy
Option 4: Programme
Question : Shubham wants to increase sale of his business by 15% in the next quarter. Identify the type of plan being discribe in the above lines.
Option 2: Programme
Option 4: Objective
Question : Which one of the following is a single use plan?
Option 1: Strategy
Option 2: Rule
Option 3: Budget
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