Welcome to your MCQ on Planning for CUET
1. What is the primary purpose of planning in business?
2. Which step in the planning process involves setting specific objectives?
3. What type of planning typically covers shorter time frames and is highly detailed?
4. Which planning approach involves a company's overall direction and scope?
5. Which of the following is NOT a characteristic of an effective plan?
6. What is the purpose of a contingency plan in business?
7. In the planning process, what does the acronym SMART stand for?
a) Specific, Measurable, Achievable, Relevant, Timely
b) Strategic, Measurable, Achievable, Realistic, Timely
c) Specific, Measurable, Analytical, Relevant, Time-bound
d) Strategic, Measurable, Analytical, Relevant, Time-bound
8. What is the primary focus of a SWOT analysis in business planning?
9. What planning approach involves preparing for unforeseen circumstances that could potentially disrupt business operations?
10.Which stage of the planning process involves comparing actual performance against the established goals and making necessary adjustments?
