Question : Statement 1: objectives helps in establishing single use plans.
Statement 2: Objectives are not used for single use purpose..
Option 1: Both statements are correct.
Option 2: Only statement 1 is correct.
Option 3: Only statement 2 is correct.
Option 4: Neither statement 1 nor statement 2 is correct.
Correct Answer: Only statement 1 is correct.
Solution : The correct answer is (b) Only statement 1 is correct.
Statement 1 is correct. Objectives, particularly specific and measurable ones, can be used to establish single-use plans. Single-use plans are designed to achieve a particular set of objectives within a specific time frame and are not intended for ongoing use.
Statement 2 is incorrect based on the context. Objectives can be used to formulate single-use plans when a specific and time-bound course of action is required to achieve a particular goal.
Therefore, only statement 1 is correct.
Question : Statement 1: Objectives provide direction to an organization.
Statement 2: Objectives are specific and measurable.
Question : Statement 1: Objectives provide direction to a particular employee.
Statement 2: Objectives are specific and unmeasurable.
Question : Statement 1: Strategy provides a competitive advantage.
Statement 2: Strategies are non comprehensive plans.
Question : Statement 1: Planning involves setting objectives.
Statement 2: Planning is concerned only with resource allocation.
Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile