MANAGEMENT MCQ FOR NRB | PART 2 | PLANNING |

1. What is another name for contingency planning?

a) Synergy planning

b) Ad hoc planning

c) Business level planning

d) Scenario planning
2. What is a definition of an objective?

a) A defined specified outcome to be achieved in the long-term

b) A clear set of goals to be attained given a set number of resources

c) A clearly defined and measurable outcome to be achieved over a specified timeframe

d) A set standard of performance agreed by workers and managers

3. What does the acronym SMART stand for?

a) Suitable, measurable, actionable, rewarded and timely

b) Specific, measurable, actionable, resourced and timely

c) Standardised, measurable, achievable, rewarded, and timely

d) Specific, measurable, achievable, rewarded and timely
4. To what time-frame do strategic plans relate?

a) Long-term

b) Medium-term

c) Short-term

d) Unspecified time it takes to achieve an aim
5. What is the definition of a scenario in scenario planning?

a) An imagined sequence of future events

b) An unpredictable event

c) A planned for event

d) An unplanned for event
6. What is a succession plan?

a) Dismissing an employee for a more favourable employee

b) A formal process of planning to fill a role that will become vacant

c) A vote of no confidence in a board member

d) The formal process of acquiring a new staff member

7. What one of the following is not a key management skill in planning?

a) Conceptual skills

b) Analytical skills

c) IT and computing skills

d) Communication skills

8. Planning is based on: (a) decision-making,(b) forecasting, (c) staffing, (d) organising
9. What are the three levels of planning? (a) Operational, intermediate and strategic (b) Headquarters, divisional and local (c) Top, middle and bottom (d) None of the above 
10. . Identify the best definition of planning. (a) An integrated process in which plans are formulated, carried out and controlled. (b) The core activity of planners and planning departments. (c) Setting an organisation's objectives and the means of reaching them. (d) Devising ways of achieving the objectives of an organisation.