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 : Which one of the following is a single use plan?
Option 1: Strategy
Option 2: Rule
Option 3: Budget
Question : Training, lectures and seminars are parts of _______ plan
Option 1: Rules
Option 2: Procedures
Option 3: Strategy
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 4: Programme
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