Page 2 - Home Assignment 2

8. What out of the following is the focus of planning?

(a) Budget (b) Objectives (c) Programme (d) Rules

9. Which one of the following is not an element of planning?

(a) Rules (b) 'Programme (c) Object (d) none of these
10. Which one is not the characteristic of rules?

(a) Staffing

(b) Rules are rigid
(c) Following rule is voluntary

(d) Violation of rules is punishable

(d) Rule is a sort of order

HOME ASSIGNMENT

(1 Mark)

Q.1 A meeting of the managers of all the managerial levels of ‘Reliance Fibers Limited’ was
held. In the meeting there was a discussion on the issue of what percentage of return in

the following year should the company expect on its investment made. All the Managers

present in the meeting gave their respective suggestions supported by reasons. At the end,

it’ was resolved that the company would like to get 15% Return on its investment. In the

meeting of the company there was a discussion on a particular plan. Identify it.
Q.2 Name the type of plan which is time-bound and linked with a measurable outcome.

(3 Marks)
Q.1 Defining ‘organizational objectives’ as the first step in the process of planning. Explain in

brief the other steps of this process.

Q.2 State any three limitations of planning.