>
Exams
>
Business Studies
>
Planning process
>
sales forecasting is the basis on which a business
Question:
Sales forecasting is the basis on which a business firm prepares it's annual plan for production and sales'. Identify the feature of planning highlighted in the above sentence.
CUET (UG) - 2023
CUET (UG)
Updated On:
Apr 26, 2024
Planning is dynamic
Planning is a primary function of management
Planning is a mental exercise
Planning is futuristic
Hide Solution
Verified By Collegedunia
The Correct Option is
D
Solution and Explanation
The correct option is (D): Planning is futuristic
Download Solution in PDF
Was this answer helpful?
0
0
Top Questions on Planning process
"Thinking in advance, what is to be done, when it is to be done, how to be done and by whom it should be done," defines
CUET (UG) - 2023
Entrepreneurship
Planning process
View Solution
'Mansukhbhai Prajapati thought of a non-stick pan made from clay and a clay refrigerator that works without electricity. Which step of creative process is discussed above?
CUET (UG) - 2023
Entrepreneurship
Planning process
View Solution
Creativity process occurs in the following sequence:
A. Illumination
B. Preparation
C. Verification
D. Idea Germination
E. Incubation
Choose the correct answer from the options given below:
CUET (UG) - 2023
Entrepreneurship
Planning process
View Solution
An airline is planning to expend over the next 5 years. As per the PESTEL factors Engine efficiency of the new aircraft being planned will come under:
CUET (UG) - 2023
Entrepreneurship
Planning process
View Solution
A detailed plan describing, planning details that are needed by management but may not be of interest to external stakeholders. The above lines describe:
CUET (UG) - 2023
Entrepreneurship
Planning process
View Solution
View More Questions
Questions Asked in CUET exam
A molecule X associates in a given solvent as per the following equation:
X ⇌ (X)
n
For a given concentration of X, the van’t Hoff factor was found to be 0.80 and the
fraction of associated molecules was 0.3. The correct value of ‘n’ is:
CUET (UG) - 2024
Solutions
View Solution
Who devised the concept of Intelligence Quotient (IQ)?
CUET (UG) - 2024
Psychological attributes
View Solution
Two pipes A and B can fill a tank in 32 minutes and 48 minutes respectively. If both the pipes are opened simultaneously, after how much time B should be turned off so that the tank is full in 20 minutes?
CUET (UG) - 2024
Time and Work
View Solution
If
\(A = \begin{bmatrix} 3 & 2 \\ -1 & 1 \end{bmatrix} \quad \text{and} \quad B = \begin{bmatrix} -1 & 0 \\ 2 & 5 \\ 3 & 4 \end{bmatrix},\)
then \((BA)^T\) is equal to:
CUET (UG) - 2024
Matrices
View Solution
The spin-only magnetic moment of Hexacyanomanganate(II) ion is.........BM
CUET (UG) - 2024
Magnetic moment
View Solution
View More Questions