246. A well-prepared plan will always facilitate ______________.
execution.
red-tapism.
hasty judgements.
delegation of authority.
Correct answer: (D) delegation of authority.
247. A management may acquire its primary information relating to methods by ______________.
informal monitoring.
formal scanning.
journals.
media.
Correct answer: (A) informal monitoring.
248. ______________ planning is a specialized aspect of sales and production planning.
product.
production.
material.
market.
Correct answer: (A) product.
249. Giving up production of unprofitable products to achieve rationalization of the product range to avail the benefits of standardization is called as ______________.
divestment.
cannibalization.
compromise.
standardizing strategy.
Correct answer: (A) divestment.
250. ______________ may be defined as guide to thinking and action of those who have to make decisions in the course of accomplishment of the enterprise objective.