Assertion 4
Assertion 4
CHAPTER – 4
PLANNING
QUESTIONS BASED ON REASONS AND ASSERTION
1. Assertion (A) : Through planning, the uncertain events or changes can be
anticipated and eliminated.
Reason (R) : Planning reduces the risks of uncertainty.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The change or events cannot be eliminated but they can be
participated.
2. Assertion (A) : Managers need to be given some flexibility to be able to cope
with the changed circumstances..
Reason (R) : Planning reduces creativity.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The correct explanation to A is that planning leads to rigidity as
managers follow a pre-decided plan and may not be in a position to change when
circumstances change.
3. Assertion (A) : The various functions of management are interrelated and
equally important. However, planning provides the basis for all other functions.
Reason (R) : Planning is a continuous activity.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The correct explanation to A is that planning is a primary function
of management and provides a framework for rest of the function.
4. Assertion (A) : Planning is the most challenging activity for the management
as it guides all future actions leading to growth and prosperity of the business.
Reason (R) : Planning promotes innovative ideas.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
5. Assertion (A) : Sales forecasting is the basis on which a business from
prepares its annual plan for production and sales.
Reason (R) : Planning is a primary function of management.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : Both the statements are true but correct explanation to A is the
planning essentially involves looking forward and preparing for the future.
6. Assertion (A) : A plan is framed; it is implement and is followed by another
plan, and so on.
Reason (R) : Planning is a continuous process.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
7. Assertion (A) : Middle management of ‘Soni Ltd.’ and other decisions makes
are neither allowed to deviate from plans not they are permitted to act on their
own.
Reason (R) : Planning leads to rigidity.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The reason for A is that planning is usually done by top
management and it reduces initiative and creativity at middle and lower level.
8. Assertion (A) : False sense of security and complacency lead to failure of
planning instead of success.
Reason (R) :Planning if implemented properly, guarantees success.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : There are so many unknown factors to be considered, hence at
times even properly implemented plans do not guarantee success.
9. Assertion (A) : Competition in the market can upset financial parts..
Reason (R) : Planning leads to rigidity.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The correct explanation to the above assertion is that business
environment is dynamic and planning may not work is dynamic environment.
10. Assertion (A) : Managers need to be given some flexibility to be able to cope
with the changed circumstances.
Reason (R) : Planning reduces creativity.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : The correct explanation to A is that planning leads to rigidity as
managers follow a pre-decided plan and may not be in a position to change when
circumstances change.
11. Assertion (A) : The nature of corrective action required depends upon the
extent of deviation from the standards.
Reason (R) : Controlling is a prerequisite for planning.
Find the correct option
a) Both A and R are true and R is the correct explanation of A
b) Both A and R are true and R is not the correct explanation of A
c) A is true but R is false d) A is false but R is true
Explanation : Planning is a pre requisite for controlling.