"Planning is concerned with the future, which is uncertain, and every planner is using conjecture about what might happen in the future. Therefore, the manager is required to make certain assumptions about the future".

In the above statement, the assumptions can be referred to as:

Which of the following type of plan provides specific statements that inform what is to be done?

The following are the steps in the process of Planning:

(A) Weighing the pros and cons of each alternative.

(B) Identifying alternative courses of action.

(C) Putting the plan into action.

(D) Monitoring the plans is to ensure that objectives are achieved.

Choose the correct answer from the options given below:

Identify the step of planning that would also involve organizing for labour and purchase of machinery.

Which of the following is a single-use plan?

"They define the future state of affairs which the organization strives to realize and serve as guide for overall business planning."

_______________ is the type of plan referred here.

These plans are strict, rigid and specific statements that inform what is to be done.