A dairy cooperative in Anand is drawing up a plan for the coming year. Match List-I (steps of the planning process) with List-II (what the cooperative does):
| List-I | List-II | ||
|---|---|---|---|
| (A) | Setting objectives | (I) | Every week, it checks whether milk collection is going as per the schedule. |
| (B) | Implementing the plan | (II) | It hires more staff and buys a new chilling machine. |
| (C) | Follow-up action | (III) | It fixes a target of raising its milk sales in the coming year. |
| (D) | Developing premises | (IV) | It assumes that the demand for milk products will rise in summer. |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 4
The correct answer is Option (4) → (A)-(III), (B)-(II), (C)-(I), (D)-(IV)
| List-I | List-II | Reason |
|---|---|---|
| (A) Setting objectives | (III) It fixes a target of raising its milk sales in the coming year. | An objective is what the organisation wants to achieve, such as an increase in sales. |
| (B) Implementing the plan | (II) It hires more staff and buys a new chilling machine. | This step puts the plan into action. Arranging more labour and machinery is part of it. |
| (C) Follow-up action | (I) Every week, it checks whether milk collection is going as per the schedule. | Follow-up action checks whether activities run as per schedule, so that the target is met. |
| (D) Developing premises | (IV) It assumes that the demand for milk products will rise in summer. | Premises are assumptions about the future. An expected rise in demand is one such assumption. |
NCERT (2026-27 Edition): “(i) Setting Objectives: The first and foremost step is setting objectives. Every organisation must have certain objectives. Objectives may be set for the entire organisation and each department or unit within the organisation. Objectives or goals specify what the organisation wants to achieve. It could mean an increase in sales by 20% which could be objective of the entire organisation. …” “(ii) Developing Premises: Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future. Therefore, the manager is required to make certain assumptions about the future. These assumptions are called premises. …” “(vi) Implementing the plan: This is the step where other managerial functions also come into the picture. The step is concerned with putting the plan into action, i.e., doing what is required. For example, if there is a plan to increase production then more labour, more machinery will be required. This step would also involve organising for labour and purchase of machinery.” “(vii) Follow-up action: To see whether plans are being implemented and activities are performed according to schedule is also part of the planning process. Monitoring the plans is equally important to ensure that objectives are achieved.” |