Types of plans

Chapter-4 (Planning)

Identify the type of plan applicable to following situations:

1. _________________ of stock valuation.

2. No smoking in the premises._____________

3. Goods can only be sold on credit for  a period not more than 30 days___________

4. Annual increase in sales by 10%._____________

5. Mc. Donald’s Co. Will not give franchise to any other company which is already running a restaurant._____________

6. Simplest of all plans.______________

7. _________________ of promoting employees on time bound basis rather than on merit basis.

8. Reduce the quality rejection rate to 0.02%.____________

9. _________________of School to give admission to students securing more than 70%marks.

10. Increase in production by 5% in two months.____________

11. ________________of charging depreciation on machinery.

12. Launching a new product in the market.____________

13. The company should hold the No. 1 position in the market for all its brands otherwise quit that market._______________

14. __________________for getting raw material & supplies from stores.

15. __________________tells stipulated sequence of a course of action for handling activities.

16. __________________specifies what is to be done and what is not to be done.

17. No credit sales allowed 

18. It leaves the concerned person with no discretion __________

19. ____________ represent end point of planning.

20. Environment is basis of formulation of _______________

21. Modernization of plant._______________

22. ___________________are there to ensure discipline.

23. Offering 20% jobs to women. ____________

24. An employee will be selected through a written test__________

25. Visitors to the factory should hold valid   entry passes._______________

26. X ltd. Decides to sell television sets through exchange of old T.V. sets. _______________

27. An employee will retire at the age of 60 years _______________

28. Co.needs a detailed plan for its new project. _______________

29. Earning 20% return on Investment (ROI) _______________

30. It is our_____________ to deal with wholesalers only

31. There is ____________- for processing of order

32. To advertise product on T.V. _______________

33. Firm may use different ________________ for training employees which can be on the job or off the job

34. There is ________________  for  redressal of consumer grievances.

35. _________________ of development of new product.

36. ___________________ of issuing securities.

37. It is a control device. _______________

38. It is a single use plan. _______________

39. It is a standing plan.( can be used repetitively) _______________

40. For which there is no penalty for violation. _______________

41. Derived from objectives. _______________

42. Derived from policies. ______________

43. Leaves scope for manager’s decision __________________.