Planning Quiz

_________ is the process in decision Making.

Which of the following statements are False?

• Planning reduces creativity

• Planning is Economical

• Planning focuses on achieving objectoves

• Planning is a mental excercise

what reflects a managerial decision that a certain action must or must not be taken ?

• Policy

• Rule

• Method

• Objective

what can be classified as a statement for Expenses, revenue and income for a specified period of an organization?

• Budget

• Profit and loss Account

• Objective

• Programme

_________ details the exact manner in which any work is to be performed.

A ________ provides the broad contours of an organization's business

• Objective

• Stratergy

• Policy

• Programme

A ________ refers to future decisions defining the organization's direction and scope in the long run.

______ take the courses of forming the organization's identity in the business environment

______ are routine steps on how to carry out activities

• Policies

• Strategies

• Procedures

• Rules

Name the type of plan which reflects the managerial decision that a certain action must or must not be taken