Planning quiz

Planning is:

The first step in the planning process is:

A plan which is used only once for a specific purpose is a:

"No smoking in the office" is an example of a:

A comprehensive plan to achieve long-term objectives considering the environment is a:

A statement of expected results expressed in numerical terms is a:

Planning provides the basis for:

Assumptions about the future on which plans are based are called:

Which of the following is a limitation of planning?

The prescribed way in which a specific task is to be performed is a:

Explain how planning reduces the risks of uncertainty. (2 marks)

Why is planning called a mental exercise? (2 marks)

Why is planning said to be pervasive? (2 marks)

How does planning promote innovative ideas? (2 marks)

Why does planning involve huge costs? (2 marks)

What is a programme? Give one example. (2 marks)

Why is follow-up action an important step of planning? (2 marks)

Explain the statement, "Planning may not work in a dynamic environment." (2 marks)

Why is an objective considered the end point of planning? (2 marks)

Distinguish between a rule and a policy on two bases. (2 marks)

A company's production last year was 60,000 units. It plans a 12% increase this year. Calculate the target and the monthly target. (3 marks)

Two investment alternatives cost Rs 40 lakh each. Alternative A gives a return of Rs 6 lakh a year and Alternative B gives Rs 7.2 lakh a year but has higher risk. Calculate the rate of return of each and identify the planning step involved in comparing them. (3 marks)

A school plans to raise its pass percentage from 82% to 90%. If 250 students appear, calculate how many more students need to pass. Identify the type of plan. (3 marks)

A company's annual budget for raw materials is Rs 36 lakh. In the first quarter it spent Rs 10.5 lakh. Calculate the variance from the proportional budget for the quarter and the percentage variance. (3 marks)

A company plans to open 26 new outlets over 3 years, opening twice as many in the third year as in the first, and 8 in the second year. Calculate the number of outlets planned for the first and third years. Which type of plan is this? (3 marks)

Read the passage and answer the questions. A toy company set a target of increasing sales by 25%. It assumed that demand would rise in the festive season, evaluated three marketing options, chose online advertising, implemented the campaign and monitored results weekly. (i) Identify the steps of planning in the passage. (ii) Quote lines for each step. (iii) Which step was missing? (5 marks)

Read the passage and answer the questions. A hotel has a rule that guests must check out by 12 noon, a policy of offering discounts to senior citizens, and a procedure for handling customer complaints. (i) Identify three types of plans. (ii) Distinguish between a rule and a policy. (iii) Are these single-use or standing plans? (5 marks)

Read the passage and answer the questions. A company that rigidly followed its five-year plan failed to respond to a new competitor's cheaper product. Its managers spent months preparing plans and the market changed in the meantime. (i) Identify two limitations of planning. (ii) Explain each. (iii) Suggest how the company could make planning more effective. (5 marks)

Read the passage and answer the questions. A pharmaceutical company decided to enter the generic medicines market. It analysed competitors, government regulations and customer needs, and decided to produce low-cost drugs and sell through government hospitals. (i) Identify the type of plan. (ii) What dimensions does it cover? (iii) Why is it considered a comprehensive plan? (5 marks)

Read the passage and answer the questions. A college prepared a budget showing expected income from fees and expected expenses on salaries, laboratories and events for the next year. (i) Identify the type of plan. (ii) Why is it called a plan expressed in numerical terms? (iii) How will it help in controlling? (5 marks)

Explain the features of planning. Draw a chart showing them. (6 marks)

Explain the steps in the planning process with a flowchart. (6 marks)

Explain the importance of planning with six points. Draw a chart linking each point to an example. (6 marks)

Explain the limitations of planning. Draw a chart showing each limitation with a remedy. (6 marks)

Explain the types of plans with examples. Draw a chart classifying them into single-use and standing plans. (6 marks)