The selection of best alternative from many alternatives is known as__________.
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Medium term planning is
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Placing purchase order is an example of ________.
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Short term planning is
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The decision deal with novel and non-repetitive problems is___________.
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Planning lays down the overall objective, strategies and polices for the total enterprise is
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The decision which has long term impact on business is _________.
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The planning focus specific functional areas of business is
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The decision which relates to day-to-day operation of an organization is known as __________.
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Planning focus on day-to-day actions of work units is
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The decision which does not incur any expenses is known as _________.
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Strategic planning is
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The decision which is implemented within the concerned department is known as ___________.
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Strategic planning is done at
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Decision taken by committee formed by the top management for specific purpose is ________.
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Operational planning is done at
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Crisis decision is also known as ________.
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Operational planning is
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A decision taken to meet unexpected situations is known as ________.
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The assumptions about future derived from forecasting and used in planning are known as
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