Single use plans are:

A. Budgets

B. Programmes

C. Procedures

D. Projects

Choose the correct answer from the options given below:

Since planning is an activity, there are certain logical steps for every manager to follow. Identify the correct sequence from the options given below:

1. Selecting an alternative: This is the real point of decision-making.
2. Evaluating alternative courses: The next step is to weigh the pros and cons of each alternative. The best plan has to be adopted and implemented.
3. Follow-up action: Monitoring the plans is equally important to ensure that objectives are achieved.
4. Implement the plan: This is concerned with putting the plan into action.

Choose the correct answer from the options given below:

Which of the following is related to the benefits of Planning?

(A) Planning provides directions

(B) Planning ensures certainty

(C) Planning establishes standards for controlling

(D) Planning facilitates decision making

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_______ involves setting objectives, developing appropriate courses of action and providing a rational approach to achieve these objectives.

Which of the following statements are related to limitations of planning?

A. Planning leads to rigidity

B. Planning is futuristic

C. Planning reduces creativity

D. Planning does not guarantee success

E. Planning involves decision making

Choose the correct answer from the option given below:

In order to cope with the competitors, market leader Maruti adopted new technologies for manufacturing their recent models. Which type of plan is highlighted in the above statement?

"A manager starts planning before the work begins and when work is accomplished, planning for the other work starts". Identify the feature of planning reflected by the given statement.