Practicing Success

Target Exam

CUET

Subject

Entrepreneurship

Chapter

Entrepreneurial Planning

Question:
Assertion(A)- A properly planned follow-up procedure is helpful in detecting errors and defects in work.
Reason(R)- It helps the entrepreneur to set up laboratories to ensure predetermined quality of product/service.
Options:
Both A and R are true. R is the correct explanation of A
Both A and R are true, but R is not the correct explanation of A
A is correct, but R is incorrect
A is incorrect, but R is correct
Correct Answer:
A is correct, but R is incorrect
Explanation:
Follow-up or expediting function relates to evaluation and appraisal of work performed. A properly planned follow-up procedure is helpful in dispatching errors and defects in the work. Follow-up element helps the entrepreneurs in:
a) Developing ways to review the present situation with regard to materials, work-in-progress and finished goods.
b) Evolving ways to expedite the performance of those departments which lag behind.
c) Removing obstacles in the way of production by suggesting remedial measures.