1 .       Hindustan Motors Ltd decided to increase the production of Ambassador cars by 10% in the year 2010 -11 . Identify the type of plan
                                                                                                                                                           (SAY 2011)

            Objective

2 .       All management plans are based on certain assumptions.  Suggest suitable term to describe these assumption                                                                                                           (Say 2007)                                                                                                                                                                                                                                                                 Planning premises

3 .       Find the odd one out

           a) Goals        b) Objective    c) Policies       d ) Motivation      e) Rules

            Motivation

4 .       Planning function is required at all levels of an organisation . It is connected with ---------- .

             a) Primacy  b) Futuristic    c ) Pervasive      d ) Goal oriented

             Pervasive

5 .        In Gee Tech Ltd all the employees should report for work daily at 9. a.m.  Identify the type of plan

             Rule

6 .       Budget is an instrument  of --------- .
                                                                                                                                    ( March 2012 )

            a)  Planning  only          b) Controlling only     c ) both planning and controlling   d ) None of these

          Both Planning and Controlling

7 .       In sweekar Ltd the master plan is divided in to 6 sub plans on the basis pf the various departments .These sub plans are called _____________ .

          Derivative plans

8 .      Mr. Joseph Nainan , the director of Nainan &Nainan Associates Ltd, belongs to the top level management. Identify the type of plan prepared by them .

           a) Operating plan           b) Long term plan      c)  Departmental plan      d ) Both a & b       

           Long term plan

9 .      Operating plans in an organisation is prepared by ________________ .

           a) Top level management        b ) Middle level management   c ) Lower level management
 
            Lower level management

10 .       Planning bridges the gap between where we are and where we want to go Elucidate .

            Planning is the process of deciding in advance what is to be done , when is to be done., why is to be done and by whom it is to be done .The process of planning is done for the accommodation of organisational goals.

11 .      (a)  A company has formulated its yearly plan to sell 15000 TVs in the coming year . But changes  in the broadcasting policy of the Government increased the sales potential of TV. Should the company review its plan ? Explain with reference to flexibility  feature of planning .
                                                                                                                                     (March 2008 )

            (b)  Planning makes the individual inflexible . Do you agree ?   Substantiate  your answer .

             Plans are prepared in anticipation of future events.  Since future is uncertain required changes  should be made to plan flexibility plans must be able to accommodate future changes .

12 .       Explain the following plans

              a ) Objectives         b)  Procedure              c )   Program 
                                                                                                                                    ( March 2011 )

               Objectives :

                Objectives are the ends , towards which activity is aimed at for the accomplishment of organisational goals . Objectives should be expressed in concrete terms .

                Procedure :

                It is a chronological sequence or steps to be undertaken to enforce a policy .  Procedures are derived from policies .

               Programs :

                It includes all activities necessary for achieving a given objective . Programmes are combination of policies , procedures, rules and budgets .

13 .       Planning is of vital importance in managerial functions but it is not free from limitations. Do you agree with this statement ? Justify your views . Mention any two limitations of planning .
                                                                                                                                        (Say 2011 )

               Yes .    Even though success of a business depends on effective planning .It suffers from the following limitation .
 
                Planning is time consuming and expensive process.

                Planning may create a false sense of security, that everything is going well .

14 .        (a) Although planning is a primary function of management it has many limitations. State any  6 limitations of planning .
                                                                                                                                         (Say 2007 )

              (b)  Mohan a plus two commerce student feels that he will get A grade for all subjects as he had planned his study very well. Is his feeling true. Briefly explain the limitations of planning .

               Limitations of Planning

               Eventhough success of a business depends on effective planning . It suffers  from the following limitations .

                1 .     Planning is  time consuming and expensive process .

                2 .     Planning may create a false sense of security , that everything is going well .

                3 .     It is difficult to predict future events completely and accurately .

                4 .     Employees may resist change planning may be in effective without required changes .

                5 .     Planning implies predetermined policies and procedures. Hence it is not flexible .

                6 .     Under rapidly changing situations the scope of planning is limited .

15 .        According to Sumod a plus two student, planning is a continuous  process.  Do you agree. State the various features of   planning .

              Yes,

              Features of planning

              Planning is the process of deciding in advance what is to be done ., when it is to be done and by whom it is to be done. Following are the feature of planning .

              1 .     Goal oriented :-  The process of planning is done for the accomplishment of organisation goals.

              2 .     Primacy of planning :- Planning is the first function of management .

              3 .    Pervasiveness planning function takes at all levels of management .

              4 .     Continous process : - Planning is an on - going and dynamic process . Plans are prepared repeatedly for specific periods .

              5 .     Forward looking  :- Plans are prepared for future to achieve certain objectives forecasting is the essence of planning .

              6 .     Plans are prepared in anticipation of future events , Since future is uncertain required changes should be made flexible  -> Plans must be able to accomodate future changes .

              7 .     Planning involves choice planning involves selection of suitable alternative from various alternatives .

16 .       In a class room debate Soorya argued that planning is a useless function as it involves much time and money . But Jubiya opposes this view . List out the points that can be raised by Jubiya .

            Importance of Planning

             The importance of planning can be understood from the following points .

             1 .     Through planning objectives are made more concrete and specific .

             2 .     Planning enables and organisation to cope up with uncertainty and changes .

             3 .     Planning is the basis for control . It provides standards for evaluation .          

             4 .    The activities of various departments are co -ordinated with the help of sub plans .

             5 .    Planning helps in decision making by selecting the best alternative .

              6 .   Planning is thinking in advance it promotes innovative and creative thinking .

17 .       Suppose you are the leader of Plus two commerce class .You are asked to plan the picnic programme arranged  from your class . Explain how will you plan the programme briefly giving the steps involved .

             Planning means deciding in advance what is to be done. When it is to be done and by whom it is to be done .

             It is an intellectual process of thinking before doing .Planning bridges the gap between where we are and where we want  to go  

             The main steps in planning process are as follows .

              1 .     Setting the objectives :-  First step in planning premises is the establishment of objectives . The objectives must be specific and clear . The objectives of the entire organisation is laid down first objectives provide the nucleus to the planning process .

              2 .     Develop planning premises :-  Planning premises are the assumptions made about the future environment . Planning premises laid down the boundary within which plans are to be implemented.

              3 .     Determine alternative course of action :

                        There are alternative ways for achieving the same goal . These alternative course of action should be determined .

              4 .     Selecting the best alternative

                       After determining the various alternatives, they must be evaluated . After analysing the merits and demerits, the most suitable alternative is selected .

             5 .     Formulating derivative plans

                      Derivative plans means sub plans. Derivative plans are the break up of master plan on departmental  wise. Derivative plans are prepared to support the main plan .

             6 .     Implementation of plans : - The next step in planning process is the implementation of plans .ie, putting the plans into action to achieve the objectives. For this plans are communicated to employees in detail .

              7 .    Follow up : - It is the regular evaluation of plans to make sure that plans are proceeding  in the right lines .Remedial actions can be taken .

18 .        In an organisation there are different types of plans . Arrange them in a hierarchial order  and briefly  explain .

               Plans are varied in nature they are

                 1 .     Goal purpose or mission

                          A goal is the end towards which an enterprise is aimed at and strives  to achieve by fulfilling various  objectives . Goals are long term in nature .

                 2 .      Objectives  :  Objectives are the ends, towards which activity is aimed at for the accomplishment of organisational goals . Objectives should  be expressed in concrete terms .

                 3 .     Policies : -   Policy is a broad statement formulated to provide guidelines  in decision making to managers. It defines the area within which decisions can be made

                4 .     Procedure :-  It is a chronological sequence or steps to be undertaken to enforce a policy . Procedures are derived from polices .

                5 .    Rules :- Rules are prescribed guidelines for conducting an action. Rules specify what should be done or not to be done in a given situation .

                6 .     Methods :-  Methods provide a detailed and specific guidance  for day to day action . A business can select a suitable method for doing a particular task .

                7 .     Peogrammers :- It includes all activities necessary for achieving a given objective .  Programmes are combination of policies , procedures , rules and budgets .

                8 .     Budget :-  It is plan which states expected results of a given future period in numerical terms . It may be expressed  in time, money or other unit .