Question : Planning is required in all types of organisation and at all levels of management. Identify the statement and choose the correct answer.

Option 1: Planning is futuristic

Option 2: Planning is pervasive 

Option 3: Planning is mental process

Option 4: Planning focuses on achieveing objective

Question : Which organization is responsible for implementing the rural development programs in India?

Option 1: Reserve Bank of India (RBI)
   

Option 2: Ministry of Finance
 

Option 3: Ministry of Rural Development

Option 4: Planning Commission

Question : Which of the following limitation of planning is highlighted in the below statement?
Planning can't forecast everything.
 

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 : Sales forecasting is the basis on which a business firm prepares its annual plan for production and sales which feature of planning is highlighted in the above case?

Option 1: Planning focuses on achieving objectives

Option 2: Planning is continuous 

Option 3: Planning is primary function of management 

Option 4: Planning is futuristic

Question : Which of the following limitation of planning is highlighted in the below statement?
Cost may be in terms of time and money. 
 

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.