Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Match the following

LIST I LIST II
A) Follow up action I) Manager is required to make certain
assumptions about the future
B) Developing premises II) Finding various ways of doing work
C) Identify alternatives III) Weigh the pros and cons of each alternative
D) Evaluating alternatives IV) See whether plans are being implemented and
activities are performed according to schedule

Choose the correct answer from the options given below.

Options:

A-I, B-IV, C-II, D-III

A-I, B-II, C-III, D-IV

A-IV, B-III, C-I, D-II

A-IV, B-I, C-II, D-III

Correct Answer:

A-IV, B-I, C-II, D-III

Explanation:

The correct answer is option 4- A-IV, B-I, C-II, D-III.

LIST I LIST II
A) Follow up action IV) See whether plans are being implemented and
activities are performed according to schedule
B) Developing premises I) Manager is required to make certain
assumptions about the future
C) Identify alternatives II) Finding various ways of doing work
D) Evaluating alternatives III) Weigh the pros and cons of each alternative

 

* 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.

* 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.

* Identifying alternative courses of action: Once objectives are set, assumptions are made. Then the next step would be to act upon them. There may be many ways to act and achieve objectives. All the alternative courses of action should be identified.

* Evaluating alternative courses: The next step after identifying alternative courses of action is to weigh the pros and cons of each alternative. Each course will have many variables which have to be weighed against each other. The positive and negative aspects of each proposal need to be evaluated in the light of the objective to be achieved.