PLANS AND ITS TYPES-2

_______________ is a prescribed process in which a particular activity is performed considering the objective of organization.

• Procedure

• Budget

• Programme

• Method

"No admission below 60%". Which kind of plan is highlighted?

• Policy

• Rule

• Procedure

• Method

Plans made in the light of a competitor's plan are known as:

• Policies

• Budgets

• Rules

• Strategies

"Increasing profits by 20 percent". Identify the type of plan.

• Programme

• Strategy

• Policy

• Objective

Punishment can be awarded for not following this type of plan. Identify the plan.

• Procedure

• Policy

• Rule

• Programme

__________________ provides the broad contours of an organization's business.

__________ is usually the simplest type of plan as there is no compromise unless a policy decision is taken.

The type of plan which includes objective, policy, procedure and rule is termed as ___________________.

• Programme

• Strategy

• Budget

• None of these

Creative Ltd. starts offering discount on its products to compete with the competitors. The type of plan indicated is ________________________.

• Rule

• Strategy

• Policy

• None of the above

Which one of the following is characteristic of Rules?

• Rules are rigid

• Violation of rules is punishable

• Rule is a general statement

• Rules aim to guide to human behaviour