PLANNING QUESTIONS AND ANSWERS 1 Define Planning premises Answer The Manager is required to make certain assumptions about the future which are the base material upon which plans are to be drawn These assumptions are called planning premises 2 What is meant by single use plan Answer A single use plan is developed for a one time event Such a course of action is not likely to repeated in future 3 State the main aspects in the concept of planning Answer I II III Setting objectives for a given time period Formulating various courses of action to achieve them Selecting the best possible alternative from among the various courses of action available 4 A company needs a detailed plan for its new project construction of shopping mall What type of plan is it 5 Which function of management is considered as the base Answer Programme of all other functions Answer Planning Answer I Goal oriented II Forward looking 7 Define policy 6 Name any two features of planning Answer Policy refers to organisation s own style of tackling the problems 8 Which limitation of planning suggests that the employees stop thinking and become the blind followers of plan Answer Reduces creativity or adverse effect on initiative suggests that employees become the followers of plan 9 State any two types of plans Answer I Objectives II Policy are determined Answer Procedure employees Answer Rules plan Answer Rule 10 In which type of plan the sequences to perform a job 11 Which plan suggests actions and non actions of 12 No smoking this statement is related to which type of 13 McDonald co does not give its franchise to any other co which is running food business This is related to which type of plan Answer It is related to policy of the company 14 Planning is not a guarantee of success of a business Comment Answer It is right to say that planning is not a guarantee of success of a business because planning function is based on certain assumptions regarding future and no one can give guarantee that assumptions regarding future are hundred per cent accurate The planning function suffers from certain limitations which is any five limitations of planning
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