Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Higher level management orientation programmes are the example of which type of plan ?

Options:

Method

Policy

Procedure

Objective

Correct Answer:

Method

Explanation:

The correct answer is option (1) : Method

Higher-level management orientation programs are an example of a "Method."

Methods :provide the prescribed ways or manner in which a task has to be performed considering the objective. It deals with a task comprising one step of a procedure and specifies how this step is to be performed. The method may vary from task to task. Selection of proper method saves time, money and effort and increases efficiency. For imparting training to employees at various level from top management to supervisory, different methods can be adopted. For example for higher level management orientation programmes, lectures and seminars can be organised whereas at the supervisory level, on the job training methods and work-oriented methods are appropriate.

Procedures: are routine steps on how to carry out activities. They detail the exact manner in which any work is to be performed. They are specified in a chronological order

Objective :The first step in planning is setting objectives. Objectives, therefore, can be said to be the desired future position that the management would like to reach.

Policies: are general statements that guide thinking or channelise energies towards a particular direction. Policies provide a basis for interpreting strategy which is usually stated in general terms.