Business Studies Chapter 4

Business Studies Chapter 4 – Planning MCQ Question Answers for Various Entrance Exams

1. Question

a.Both A and R are Correct

b.Both A and R are correct and R is not the correct explantion of A

c.Both A and Ra re correct and R is the correct explanation of A

d.Only A is correct

2. After setting objectives and developing premises, what is the next step in the planning process?

a.Implementing the plan

b.Identification of alternatie courses of action

c.Selecting alternative

d.Evaluaing alternative courses

3. Indian Oil Corporation Ltd. is a _____ company.

a.All of these

b.Navratna

c.Miniratna

d.Maharatna

4. The sub ordinates are given complete freedom in taking decisions is a part of

a.Policy

b.Strategy

c.Rule

d.Procedure

5. Which one of the following is a single-use plan?

a.Budget

b.Rule

c.Method

d.Strategy

6. Who invented Mitticool Fridge ?

a.Smita Rai

b.Diwakar Kamboj

c.Mansukh Bhai

d.Prajakta Kohli

7. Planning means to bridge the gap between ___

a.None of these

b.Past and Present

c.Past and Future

d.Present and future

8. First step in planning process is to

a.Determine strength and weakness

b.Ealuate Alternative

c.Set an Objective

d.None of these

9. Which plan is used for activities that occur regularly over a period of time?

a.Follow up action plan

b.Standing Plan

c.Collaborative Plan

d.Single use Plan

10. _____ prescribes chronological steps for performing activities?

a.Procedure

b.Method

c.Rule

d.Policy

11. ______ provides the broad contours of an organisation’s business.

a.Both b and C

b.Objective

c.Planning

d.Strategy

12. Question

a.5,3,4,1,6,7,2

b.5,6,3,7,2,1,4

c.5,2,1,7,3,6,4

d.1,2,3,4,5,6,7

13. What is the first step to management?

a.Planning

b.Organising

c.Controlling

d.Staff

14. Which of the following is the dimension of strategy ?

a.All of these

b.Detemining long term obetives

c.Adopting a particular course of action

d.Allocation of necessary resources to achieve the objectives

15. Question

a.Assertion (A) is true but Reason (R) is False

b.Both Assertion (A) and Reason (R) are true and Reason (R) is not the correct explanation of Assertion (A).

c.Assertion (A) is False but Reason (R) is true

d.Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation of Assertion (A).

16. _____ indicates that planning extends throughout the organisation.

a.Collaborative Planning

b.None of these

c.Deligative Planning

d.Pervasive Planning

17. Question

a.Both are correct

b.Only statement 2 is correct

c.Only statement 1 is correct

d.Both are incorrect

18. Primary function of management means___

a.Statement of expected results in numerical terms

b.Analysis of employee behaviour

c.Feature of planning also reffered to as primacy of planninf

d.Extension of planning throughout the organisation

19. _______ are detailed statements about a project which outlines the objectives, rules, etc.

a.Programme

b.Budget

c.Policy

d.Single use plan

20. The basic role of strategy is to provide

a.Direction for motivation

b.Direction for control

c.Setting procedures

d.Direction for action

Business Studies Chapter 4 – Planning MCQ Question and Answers – MCQs for Practice

Business Studies Chapter 4 – Planning MCQ Question Answers for Various Entrance Exams

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