Question : 'To see whether plans are being implemented and activities are being performed according to schedule is a step of planning process. Identify the step'.
Option 1: Implementing the plan
Option 2: Follow up action
Option 3: Evaluating the alternative course of action
Option 4: None of the above
Correct Answer: Follow up action
Solution : Planning is an ongoing process, the manager's job does not end simply by putting the plan into action. The managers closely monitor the plan's implementation. Monitoring the plan is critical because it helps to determine whether the conditions and predictions assumed in the plan are still valid in the current situation. Hence, option 2 is the correct answer.
Question : Identify the step of planning process where other managerial functions also come into picture.
Question : This step of planning process is the real point of decision making. Identify the step?
Option 1: Identifying the alternative course of action
Option 2: Evaluating the alternative courses of action
Option 3: Selecting the alternative
Question : What is meant by 'follow up action' as the step involved in the process of planning?
Option 1: Managing the plan
Option 2: Checking the plan
Option 3: Selecting the plan
Question : 'To evaluate such proposal detailed calculation of earning, earning per share, interest, taxes, dividends are made and decisions taken' Identify the step of planning function of management is highlighted above.
Option 1: Selecting an alternative
Option 2: Setting objective
Option 3: Follow up action
Option 4: Evaluating alternative courses
Question : Identify the correct sequence of step involved in the planning process?
Option 1: Evaluating alternative courses, Identifying alternative courses of action, Setting objective, developing premises
Option 2: Setting objective, Identifying alternative course of action, Evaluating alternative courses, Developing premises
Option 3: Setting objective, Developing premises, Listing the various alternative for achieveing the objective, Evaluating alternative courses.
Option 4: Developing premises, Identifying alternative course of action, Evaluating alternaative courses, Setting objective.
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