planning assignment
1. Mr Shyam Sagar is working as the manager of ‘Sagar Foods Ltd.’. The general goal of establishing his company was
to become the leader of ‘Food Industry’. Mr Sagar determined the activities and plans for the realisation of the
general goal. In the plans themselves he determined the specific goals also. He knew it very well that the planning
done by him was of no significance if he failed to contribute to the realisation of pre-determined organisational
objectives. This was the very reason that he did everything with full alertness. Identify the feature of planning
described in the above discussion.
a) Planning focuses on achieving objective
b) Planning is the primary function
c) Running is pervasive
d) planning is continuous
2. Two friends—Ramesh Singh and Krishan Gopal—are working as managers in different companies. One Sunday,
both of them together set off on travelling. Both of them began talking about the activities going on in their
respective companies. Mr Ramesh said that during those days he was busy with the job of planning function of
management. Also he told that he was planning in such a way that the other managerial functions should be
completed under the framework of plans prepared by him. Identify the feature of planning described in the above
discussion.
a) Planning Focuses on achieving objective
b) Planning is primary function
c) Planning is pervasive
d) planning is continuous
3. Coco Private Ltd.’ is a well-known company making drinkable products. This company has left behind several
competing companies. Some of the students of management felt curious to know the secret of this company’s
success. They went to the company and examined the planning function of management. They found that:(i) High
level management, does planning for the whole organisation (ii) Middle level management, does departmental
planning and(iii) Low level management, plans the daily activities to be completed by the [Link] was concluded that
the planning was being done at all levels of management and in all the Planning 1 departments, but there was
difference in the area of planning. The students noticed that the people doing planning had a spirit of dedication. This
was the very secret of the company’s [Link] the feature of planning in the above event.
a) Planning is continuous
b) Planning is futuristic
c) planning involves decision making
d) planning is pervasive
4. Generally, it is thought that planning is related to the planning cycle. It means that a plan is framed, it is
implemented and it is followed by another plan and so on. The above statement is related to a feature of
planning, identify it.
a) Planning is continuous
b) Planning is futuristic
c) planning involves decision making
d) Planning is pervasive
5. Sanjivan Madan is working as the sales manager in the ‘Sharda Shopping Mall’. He is preparing a sales plan for his
department. He is taking the help of forecast as the base of the form of his sales plan. He is of the view that a good
plan can be prepared by learning about the possibilities of future events and conditions through the medium of
forecast. The plan being prepared by Sanjivan is very important as the production plan and other plans of business
are prepared on this very [Link] the feature of planning in above
a) Planning is continuous
b) planning is futuristic
c) planning involves decision making
d) planning is pervasive
6. Radha Rani is the C.E.O. of ‘Radhika Sales Pvt. Ltd.’ Besides other managerial activities, she is an expert in planning.
While planning for her company, she noticed that at first several options are gathered, then their evaluation is done
and finally the most suitable option is selected. Once he was confronted with such a problem as had only one option
available for its solution. To select this very option was her compulsion. Now, for the first time he realised that the
necessity of planning is there only when several options are available. identify the feature of planning in the event
stated above.
a) Planning is continuous
b) planning is futuristic
c) planning involves decision making
d) Planning is pervasive
7. Rasina Industry’ is in crisis due to the Corona Pandemic. It needs a professional specialist for its planning. To do this
job it appointed Mr Rudramani Rana. The company asked him to do planning at the earliest. But Mr Rana said that
planning is not any guesswork, which may be immediately completed. Rather, it is a logical and systematic-thinking.
In other words, planning is something orderly and is based on facts and forecast. Mr Rana took full time for planning
and succeeded in doing a better planning. Identify the feature of planning in the event described above.
a) Planning is mental exercise
b) Planning is futuristic
c) planning focuses on goal
d) planning is primary function
8. Chandra Chemicals Ltd.’ is a newly established company of its industry. The goals of the company have been very
well defined. The employees know what the organisation aims at doing and what they should do for the realisation of
the goal. The company did the planning in such a way that all the departments and employees are able to work in
coordination. This is the very result of successful planning that the company is moving forward on the path of
[Link] the basis of the event stated above tell why planning is important.
a) Planning provides directions
b) Planning reduces the risk of uncertainty
c) Planning reduces overlapping of activities
d) Planning promotes innovative ideas
9. Sulochna Maliwal is working as the Production Manager in the ‘Rakshit Medicines Pvt. Ltd.’ She is to prepare the
Production Budget for the calendar year 1.1.2020 to 31.12.2020. While preparing the budget for her department, she
considered it proper to mainly keep in view the Corona virus spreading world-wide. Keeping this fact in mind, in the
beginning months, in order to face the virus, she gave preference to preparing the necessary material rather than the
other items. Due to the planning done in this manner, the company got a big success. Which particular point of
importance of planning do you learn about from the event described above?
a) Planning provides direction
b) Planning reduces the risk of uncertainty
c) Planning reduces overlapping and wasteful activities.
d) Planning promotes innovative ideas.
10. Artistic Art Gallery’ is a big company which produces the paintings showing modern art and such like other
material. Once the sales department of the company received big orders for preparing some special kind of material.
But his information was not delivered in time to the production department. The production department continued
its production on the basis of its experience in the years gone by. Thus, the necessary activities of the company could
not be taken up and there was a big heap of unnecessary production. As a result, the company had to suffer a big
loss. Which particular point of the importance of planning did the company fail to avail of? Identify on the basis of the
event described above.
a) Planning provides direction.
b) Planning reduces the risk of uncertainty.
c) Planning promotes innovative ideas
d) planning reduces overlapping and wasteful activities
11. Mr Rishabh Bhandari is the chief manager in ‘Bhandari Pustak Parkashans’. He is fond of continuing to present
innovative ideas while planning for his business. His ideas are usually very significant. It has been observed several
times that these very ideas take the form of concrete plans. This is the very reason that Mr Bhandari’s contribution to
the growth and prosperity of the company continues to be quite great. Identify the ‘importance of planning’
described above.
a) Planning provides direction.
b) planning reduces the risk of uncertainity
c) planning reduces overlapping of activities
d) planning promotes innovative idea
12. Prem Kamboj is working as the top level manager in a business organisation. He has been given the job of
preparing the plans for the whole company. Mr Kamboj is an expert in making a correct forecast. At first, he looks for
the different options to complete every job, and then on the basis of their evaluation selects the most suitable
option. In this way, by taking correct decision and beating his competitors, he is moving forward. To which particular
point of the ‘importance of planning’ is the above event related?
a) planning provides direction
b) planning innovative ideas
c) planning establishes standard for controlling
d) planning facilitates decision making
13. Roshan Sodhi looks after the job of production in ‘Roshan and Roshan Entertainment Pvt. Ltd.’ Mr Sodhi is a
famous managing expert. He does every function of management skilfully, namely, planning, organising, staffing,
directing and controlling. While planning for his department, he gives a special attention setting standards. He
completes the other jobs in a normal manner, and at the end, again, he pays a special attention to the job of
controlling. Here he determines the deviation by comparing the standards with the actual performance. Afterwards
the corrective action is taken. Keep in mind that these standards are the same as were determined during planning.
In this way, Mr Sodhi is doing the job of production [Link] the ‘importance of planning’ in the event
described above.
a) planning establishes standards for controlling
b) planning facilitates decision making
c) planning promotes innovative ideas
d) planning provides direction
14. Shaukeen Ahmed is working as a leading employee at the low level management in ‘Balaji Udyog Ltd.’ According
to one plan, he has to prepare 100 units of high quality of one item in a day, and every unit should not cost more than
TM500. When the work actually started, it was learnt that the desired goods could be prepared within a day, but due
to the sudden inflation in the raw material, every unit was to cost TM550. Now Mr Shaukeen is in a fix what to do and
what not to do. Identify the ‘limitation of planning’ in the event given above.
a) planning leads to rigidity
b) planning may not work in a dynamic environment
c) planning reduces creativity
d) planning involves huge costs.
15. After completing his M.B.A. education, Mr Tarik Panday took over the business of his father. Now he started
making a practical use of his theoretical knowledge of management. He liked it very much. But right from the very
beginning he was faced with one problem. For the last three years continuously, he had been observing that
whatever the sales target he would fix, he never succeeded to achieve it fully. He studied this problem thoroughly
and found that it so happened because in the first year (of his taking over the business) the government at the centre
changed; in the second year, there was a change in fashion and in the third year, several competing firms entered the
[Link] he realised that planning does not foresee everything and that several problems come in the way of
effective [Link] the ‘limitations of planning’ in the event discussed above.
a) planning leads to rigidity
b) planning may not work in a dynamic environment.
c) planning reduces creativity
d) planning involves huge costs
16. Rakhi Dua is employed at the middle level management of ‘Punjab Food Suppliers’. Working in her department
she noticed that they are asked to implement the plans prepared by the top management without making any
change. Many a time, even though wishing to do so, she cannot make any change in them. As a result of it, the
initiative and creativity of the managers at the middle level management, gets killed. Not only this, several times,
even opportunities of advantage slip out of hand. Rakhi is very unhappy with this state of affairs of the company, and
she is thinking of shifting to some other company at the [Link] the ‘limitation of planning’ in the above
event.
a) planning leads to rigidity
b) planning may not work in a dynamic environment
c) planning reduces creativity
d) planning involves huge costs.
17. Aziz Surgicals’ is such a manufacturing firm as manufactures the different items used in hospitals. One year, on
account of the apprehension of a virus spreading fast, all of a sudden there was an increase in the demand for
‘masks’. It was being planned to manufacture masks in a large quantity, with this objective there were so many
rounds of meetings of the partners of the firm. In order to know the reality of facts the specialists were invited, on
whom there was a lot of expenditure. This process consumed so much time that by the time the final decision could
be taken, the apprehension of the virus passed away. As a result, there was a sharp fall in the demand for masks. The
money and time of the company were both misspent. Identify the ‘limitation of planning’ in the event described
above.
a) planning leads to rigidity
b) planning may not work in a dynamic environment
c) planning reduces creativity
d) planning involves huge costs.
18. Suksham Aggarwal is the manager of a department in ‘Madhuban Motors Pvt. Ltd.’ He has been performing a
major role in the planning of the company for the last several years. His tendency is that he takes the successful plans
of the previous years as the basis for the year to come. He believes that as these plans have given good results
earlier, in future also they will be successful. For years together, this belief of his continued to be successful. But one
year was such that this basis of his plans turned out to be completely unsuccessful. Now he realised that it is not
necessary that in future also the state of affairs will continue to be the same as it was in the years gone by and that
the same plans will yield good results. Now he understood the false sense of security settled in his mind with regard
to the results of plans. Finally he changed his old tendency of making plans in future. Identify the ‘limitation of
planning’ in the event described above.
a) planning provides direction
b) planning does not guarantee success
c) planning leads to rigidity
d) planning involves huge costs
19. Super Fine Rice Ltd. has the largest share of 55% in the market. The company’s policy is to sell only for cash. In
2015, for the first-time company’s number one position in the industry has been threatened because other
companies started selling rice on credit also. But the managers of Super Fine Rice Ltd. continued to rely on its
previously tried and tested successful plans which didn’t work because the environment is not static. This led to
decline in sales of Super Fine Rice Ltd. The above situation is indicating two ‘limitations of planning’ which led to
decline in it sales. Identify one of them.
a) planning creates rigidity
b) planning reduces creativity
c) planning involves huge costs
d) planning does not guarantee success
20. Mrs Madhvi Bhire is working as a manager in ‘Taarik and Company’. She is involved in a problem related to a
particular product. She is unable to decide whether she should produce that product in her own company or she
should buy it from the market. She studied both the options deeply with the help of specialists. In order to maintain
the company’s impression on the minds of the customers, she decided to produce the product in the company itself.
She is hopeful of the complete success of this decision. Identify the stage of the ‘planning process’ on which Mrs
Madhvi reached the final decision.
a) evaluating alternative courses
b) selecting an alternative
c) implementing the plan
d) follow up action
21. Miss Komal Gupta is employed at the middle level management in ‘Rakshak Medicines Ltd.’ In order to achieve
the objectives of the company, with several attempts and the opinion of specialists, a plan was prepared. When the
plan was actually implemented, Miss Gupta saw that the actual work did not match with the plan. This matter made
her very much worried,Planning 5lest the whole labour in preparing the plan should not go waste. Therefore,
immediately she reported this matter to the officer [Link] in the above event which step of the ‘planning
process’ is Miss Gupta acting upon?
a) evaluating alternative courses
b) selecting an alternative
c) implementing the plan
d) follow-up action
22. Mr Ram is the C.E.O. in ‘Ram Lakhan General Pvt. Ltd.’ He is the head of the team making plans for the company
also. He gave a number of suggestions to the team out of which the two main suggestions were: First, Mr Ram said
that they had to face a lot of problem in getting the main raw material used in the company, but in the next year it
was possible that they could get it easily. Secondly, in the second coming year the rate of bank interest was most
likely to increase, which would affect the company’s costs. He laid emphasis on this matter that both of his remarks
should be kept in view while preparing the [Link] to which stage of the planning process the above event is
related.
a) setting objectives
b) developing premises
c) identifying alternative courses of action
d) evaluating alternative courses
23. In a business organisation, the manager is busy in making plans for the coming year. The company has launched
so many new products in the market. The main question before the company is how to advertise the new products. In
the answer to this question, the planners collected several suggestions; namely, the job of advertisement should be
done by the company itself; for advertisement the help of outsourcing of services should be taken; some of the work
of advertisement should be done by the company itself and for some of it the outsourcing should be depended on.
Still, other answers to this question are being looked [Link] particular stage of the ‘Planning Process’ in the above
event is being completed by the managers?
a) setting objectives
b) developing premises
c) identifying alternative courses of action
d) evaluating alternative courses
24. Miss Sita Rani Chopra is the General Manager in ‘Sita Sales Ltd.’ The company has 56 stores in the whole of India,
through which the company makes its good reach to the customers. The company’s goods have a good hold in the
market. In order to avail of this situation, Miss Chopra had decided to increase the number of stores to 300. The
information of this decision has been communicated to all the departments; namely, finance, purchase, sales,
production, personnel, etc. Identify the stage of ‘planning process’ which is being completed by Miss Chopra.
a) setting objectives
b) developing premises
c) identifying alternative courses of action
d) evaluating alternative courses
25. Mr Sanjiv Gupta decided to double the production of his company. Now he is going to translate his decision into
reality. Here, he is also thinking how many additional/extra machines and workers will be required to achieve the
production target. His dream will be possible to be realised only after the arrangement for these extra sources is
[Link] stage of ‘Planning Process’ is being completed by Mr Gupta in the above event?
a) evaluating alternative courses
b) selecting an alternative
c) implementing the plan
d) follow-up action
33. Saurabh decided to start a chocolates manufacturing business. He set the target of earning 10% profit on sales in
the first year. As a good businessman, he was concerned about the future of the business, which was uncertain. He
gathered information that the demand for chocolates is increasing day by day. He used this information as the base
for future planning and shared it with his team. On the basis of the gathered information, he scheduled a meeting in
the following week to find innovative ways to achieve the [Link] one out of the two steps, which have
been followed by Saurabh that are related to the process of one of the functions of management.
a) follow up action
b) selecting an alternative
c) developing premises
d) evaluating alternative courses
