Planning MCQs with answers

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Q. Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.
  • (A) Directing
  • (B) Organising
  • (C) Planning
  • (D) Staffing
πŸ’¬ Discuss
βœ… Correct Answer: (C) Planning
Q. Which of the following is not a benefit of planning?
  • (A) Planning reduces overlapping and wasteful activities.
  • (B) Planning is a mental exercise.
  • (C) Planning provides directions.
  • (D) Planning reduces the risks of uncertainty.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Planning is a mental exercise.
Q. Which of the following is a benefit of planning?
  • (A) Helps in avoiding confusion and misunderstanding.
  • (B) Ensures clarity in thought and action.
  • (C) Useless and redundant activities are minimised or eliminated.
  • (D) All of the above.
πŸ’¬ Discuss
βœ… Correct Answer: (D) All of the above.
Q. Which of the following statements is not true with reference to planning?
  • (A) Planning is a pre-requisite for controlling.
  • (B) Planning does not lead to rigidity.
  • (C) Planning enables a manager to look ahead and anticipate changes.
  • (D) Planning facilitates co-ordination among departments and individuals in the organisation.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Planning does not lead to rigidity.
Q. What is known as the primary function of management?
  • (A) Controlling
  • (B) Organising
  • (C) Planning
  • (D) Staffing
πŸ’¬ Discuss
βœ… Correct Answer: (C) Planning
Q. Which of the following is not a feature of planning?
  • (A) Planning is futuristic.
  • (B) Planning is pervasive.
  • (C) Planning establishes standards for controlling.
  • (D) Planning focuses on achieving objectives.
πŸ’¬ Discuss
βœ… Correct Answer: (C) Planning establishes standards for controlling.
Q. All other managerial functions are performed within the framework of the plans drawn. Identify the related feature of planning.
  • (A) Planning focuses on achieving objectives.
  • (B) Planning is pervasive.
  • (C) Planning is futuristic.
  • (D) Planning is primary function of management.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Planning is primary function of management.
Q. Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.
  • (A) Planning is futuristic.
  • (B) Planning is a mental exercise.
  • (C) Planning establishes standards for controlling.
  • (D) Planning focuses on achieving objectives.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Planning is a mental exercise.
Q. Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify the related limitation of planning.
  • (A) Planning leads to rigidity.
  • (B) Planning may not work in a dynamic environment.
  • (C) Planning does not guarantee success.
  • (D) Planning reduces creativity.
πŸ’¬ Discuss
βœ… Correct Answer: (B) Planning may not work in a dynamic environment.
Q. It is not always true that just because a plan has worked before it will work again. Identify the related limitation of planning.
  • (A) Planning leads to rigidity.
  • (B) Planning reduces creativity.
  • (C) Planning may not work in a dynamic environment.
  • (D) Planning does not guarantee success.
πŸ’¬ Discuss
βœ… Correct Answer: (D) Planning does not guarantee success.
Q. Identify the correct sequence of steps involved in the planning process.
  • (A) Evaluating alternative courses, Identifying alternative course of actions, Setting objectives, Developing premises
  • (B) Setting objectives, Identifying alternative course of actions, Evaluating alternative courses, Developing premises
  • (C) Setting objectives, Developing premises, Identifying alternative course of actions, Evaluating alternative courses
  • (D) Setting objectives, Developing premises, Identifying alternative course of actions, Evaluating alternative courses
πŸ’¬ Discuss
βœ… Correct Answer: (D) Setting objectives, Developing premises, Identifying alternative course of actions, Evaluating alternative courses
Q. They represent the end point of planning.
  • (A) Rules
  • (B) Methods
  • (C) Objectives
  • (D) Policies
πŸ’¬ Discuss
βœ… Correct Answer: (C) Objectives
Q. A strategy is derived from
  • (A) Policy
  • (B) Objective
  • (C) Method
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (B) Objective
Q. A strategy is a comprehensive plan which will not include this dimension
  • (A) Determining long term objectives
  • (B) Adopting a particular course of action
  • (C) The ends which the management seeks to achieve by its operations
  • (D) Allocating resources necessary to achieve the objective
πŸ’¬ Discuss
βœ… Correct Answer: (C) The ends which the management seeks to achieve by its operations
Q. They provide a basis for interpreting strategy, which is usually stated in general terms.
  • (A) Policies
  • (B) Procedures
  • (C) Objectives
  • (D) Programmes
πŸ’¬ Discuss
βœ… Correct Answer: (A) Policies
Q. They detail the exact manner in which any work is to be performed.
  • (A) Rules
  • (B) Methods
  • (C) Procedures
  • (D) Programmes
πŸ’¬ Discuss
βœ… Correct Answer: (C) Procedures
Q. It helps to save time, money and effort, and increases efficiency.
  • (A) Procedure
  • (B) Programme
  • (C) Rule
  • (D) Method
πŸ’¬ Discuss
βœ… Correct Answer: (D) Method
Q. It is a plan which quantifies future facts and figures.
  • (A) Procedure
  • (B) Programme
  • (C) Rule
  • (D) Budget
πŸ’¬ Discuss
βœ… Correct Answer: (D) Budget
Q. Which of the following is not a standing plan?
  • (A) Policy
  • (B) Procedure
  • (C) Programme
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (C) Programme
Q. Which of the following is not a single use plan?
  • (A) Budget
  • (B) Programme
  • (C) Method
  • (D) All of the above
πŸ’¬ Discuss
βœ… Correct Answer: (C) Method
Q. Micromax was India’s largest seller of mobile handsets. It launched low-cost Chinese manufacturing with some smart packaging and features like long-lasting batteries and dual-sim functionality to garner 20% market share in India’s value-conscious mobile handset market. Identify the two types of plans being described in the above lines.
  • (A) Strategy and objective
  • (B) Rule and Programme
  • (C) Programme and objective
  • (D) Method and objective
πŸ’¬ Discuss
βœ… Correct Answer: (A) Strategy and objective
Q. According to a survey, these days the young children have more power in purchasing decisions than ever before. The parents seek their kids’ opinions about all kinds of once-adult decisions, including where to go for dinner, what kind of car to buy, even what to wear,”. Therefore, the retailers are adapting to this by enhancing their kids’ sections. If the children want to shop in the store for their clothes, then there’s a greater chance the parent will also see something they want to buy as well. Identify the type of plan being described in the above lines.
  • (A) Programme
  • (B) Method
  • (C) Strategy
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (C) Strategy
Q. According to a survey of 250 consumer packaged goods (CPG) companies by a reputed firm, 75% of brand owners say they’re going to spend significantly more on packaging as it is critical to their brand’s success.
Identify the type of plan being described in the above lines.
  • (A) Rule
  • (B) Programme
  • (C) Strategy
  • (D) Method
πŸ’¬ Discuss
βœ… Correct Answer: (C) Strategy
Q. According to the World Health Organization, 39% of adults are overweight. Consequently in the U.K., a sugar tax was introduced in 2018 on beverages containing more than 5% sugar to curb sugar intake. Identify the type of plan being described in the above lines.
  • (A) Programme
  • (B) Method
  • (C) Strategy
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (C) Strategy
Q. According to the Economic Survey, insights from behavioural economics can be strategically utilised to create an aspirational agenda for social change – from BBBP (Beti Bachao Beti Padhao) to BADLAVL (Beti Aapki Dhan Lakshmi Aur Vijay Lakshmi); from Swachh Bharat to Sundar Bharat; from β€˜Give It Up’ for the LPG subsidy to β€˜Think about the Subsidy’ and from tax evasion to tax compliance. Identify the type of plan being described in the above lines.
  • (A) Programme
  • (B) Method
  • (C) Strategy
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (A) Programme
Q. Shubham wants to increase the sale of his business by 15% in the next quarter. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Objective
  • (C) Strategy
  • (D) Programme
πŸ’¬ Discuss
βœ… Correct Answer: (B) Objective
Q. Packaging is said to have the unique capacity to make products stand out in a crowded marketplace. Therefore, convenience of the consumer is at the top of mind of the marketers as they are focussing on developing packaging that’s easier to open, to protect against breakage, maintain freshness during delivery and keep a consistent look and feel across multiple channels. Identify the type of plan being described in the above lines.
  • (A) Programme
  • (B) Method
  • (C) Strategy
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (C) Strategy
Q. Based on National Common Mobility Card standards, India’s first indigenously developed inter-operable transport card was launched in March 2019 to make travel across various modes convenient. Identify the type of plan being described in the above lines.
  • (A) Strategy
  • (B) Programme
  • (C) Method
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (A) Strategy
Q. India is world’s third largest domestic aviation market. The government plans to make India a hub for financing aircraft purchases and leasing of planes. In order to promote this, the government has announced tax incentives, like tax deductions, for companies setting up business in IFSC for fifteen years. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Rule
πŸ’¬ Discuss
βœ… Correct Answer: (B) Strategy
Q. The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Many companies such as Tata Motors, Kinetic Motors, Maruti Suzuki and Hyundai Motors are all readying their EV models for a 2020 launch in order to support the plan. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Objective
πŸ’¬ Discuss
βœ… Correct Answer: (B) Strategy
Q. In order to encourage technologies like artificial intelligence (AI), the internet of things (iot) and virtual reality (VR), the government is planning to launch a scheme to invite foreign companies through a transparent bidding process, to set up plants for manufacturing semi-conductors, solar photo voltaic cells, lithium cell batteries, solar electric charging vehicles, computer servers, and laptops in India.
Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Objective
πŸ’¬ Discuss
βœ… Correct Answer: (B) Strategy
Q. Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coaching, Vestibule Training, Conference, Lecture Method and Role Playing. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Procedure
πŸ’¬ Discuss
βœ… Correct Answer: (A) Method
Q. Swatch Ltd. plans to earn a 20% return on its investment in a new project. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Objective
πŸ’¬ Discuss
βœ… Correct Answer: (D) Objective
Q. Deepak is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.
  • (A) Programme
  • (B) Strategy
  • (C) Objective
  • (D) Method
πŸ’¬ Discuss
βœ… Correct Answer: (C) Objective
Q. Name the type of budget which is prepared to determine the net cash position.
  • (A) Purchase budget
  • (B) Sales budget
  • (C) Production budget
  • (D) Cash budget
πŸ’¬ Discuss
βœ… Correct Answer: (D) Cash budget
Q. In 2019 alone, Swiggy has launched operations in 300 towns and cities. Swiggy follows a two-step sequence while expanding to a small town. First, it provides more laborious training to restaurants and delivery partners compared to their counterparts in the city. Second, it focuses on building scale in operations and increase the restaurant’s reach to a larger base of consumers, including optimizing kitchens, resource planning among others. Identify the type of plan being described in the above lines.
  • (A) Method
  • (B) Strategy
  • (C) Programme
  • (D) Procedure
πŸ’¬ Discuss
βœ… Correct Answer: (B) Strategy

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Table of contents

  1. Name the function of management which involves setting objectives and developing appropriate courses
  2. Which of the following is not a benefit of planning?
  3. Which of the following is a benefit of planning?
  4. Which of the following statements is not true with reference to planning?
  5. What is known as the primary function of management?
  6. Which of the following is not a feature of planning?
  7. All other managerial functions are performed within the framework of the plans drawn. Identify the r
  8. Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identi
  9. Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify
  10. It is not always true that just because a plan has worked before it will work again. Identify the re
  11. Identify the correct sequence of steps involved in the planning process.
  12. They represent the end point of planning.
  13. A strategy is derived from
  14. A strategy is a comprehensive plan which will not include this dimension
  15. They provide a basis for interpreting strategy, which is usually stated in general terms.
  16. They detail the exact manner in which any work is to be performed.
  17. It helps to save time, money and effort, and increases efficiency.
  18. It is a plan which quantifies future facts and figures.
  19. Which of the following is not a standing plan?
  20. Which of the following is not a single use plan?
  21. Micromax was India’s largest seller of mobile handsets. It launched low-cost Chinese manufacturing
  22. According to a survey, these days the young children have more power in purchasing decisions than ev
  23. According to a survey of 250 consumer packaged goods (CPG) companies by a reputed firm, 75% of brand
  24. According to the World Health Organization, 39% of adults are overweight. Consequently in the U.K.,
  25. According to the Economic Survey, insights from behavioural economics can be strategically utilised
  26. Shubham wants to increase the sale of his business by 15% in the next quarter. Identify the type of
  27. Packaging is said to have the unique capacity to make products stand out in a crowded marketplace. T
  28. Based on National Common Mobility Card standards, India’s first indigenously developed inter-opera
  29. India is world’s third largest domestic aviation market. The government plans to make India a hub
  30. The government has been doubling down on its efforts to switch to 100% electric vehicles by 2030. Ma
  31. In order to encourage technologies like artificial intelligence (AI), the internet of things (iot) a
  32. Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coach
  33. Swatch Ltd. plans to earn a 20% return on its investment in a new project. Identify the type of plan
  34. Deepak is striving to earn a profit of 30% in the current financial year. Identify the type of plan
  35. Name the type of budget which is prepared to determine the net cash position.
  36. In 2019 alone, Swiggy has launched operations in 300 towns and cities. Swiggy follows a two-step seq