Question : Statement 1: Planning helps organizations adapt to changes.

Statement 2: Planning reduces the need for flexibility.

Option 1: Statement 1 correct, Statement 2 incorrect.
   

Option 2: Statement 1 incorrect, Statement 2 correct.
  

Option 3: Both statements are correct.

Option 4: Both statements are incorrect.

Question : Statement 1: Planning helps organizations adapt to changes.

Statement 2: Planning reduces the need for flexibility.

Option 1: Statement 1 correct, Statement 2 incorrect.
 

Option 2: Statement 1 incorrect, Statement 2 correct.
   

Option 3: Both statements are correct.

Option 4: Both statements are incorrect.

Question : Which of the following limitation of planning is highlighted in the below statement?
To cope up with the circumstances managers need to be given some flexibility.
 

Option 1: Planning leads to rigidity.
 

Option 2: Planning may not work in a dynamic environment.
 

Option 3: Planning reduces creativity.
 

Option 4: Planning involves huge cost.
 

Question : Statement 1: Labor market flexibility is essential for promoting employment growth in India.

Statement 2: Labor market flexibility refers to the ease of hiring and firing workers.

Option 1: Both statements are true.

Option 2: Both statements are false.

Option 3: Statement 1 is true, statement 2 is false.

Option 4: Statement 1 is false, statement 2 is true.

Question : Case Study: DEF Educational Institute

DEF Educational Institute is a reputed school offering various academic programs. They are planning to introduce a new vocational course.

Question:

The characteristic of effective planning that DEF Educational Institute should consider is:

Option 1: Lack of alignment with organizational goals
 

Option 2: Ambiguous and vague objectives
  

Option 3: Measurable and specific goals

Option 4: Lack of flexibility in decision making