Planning in the Organization MCQs with Answers PDF Download – Test 14

The top level decisions taken by the management are called the Strategic decisions. They are further segregated into smaller parts which decides the way for accomplishing the goals set b the management. This second set of decisions is known as

1. Negotiation decisions
2. Executional decisions
3. Subordinate decisions
4. Operational or Tactical decisions

Cash is the life blood in an organization. Available cash in an organization means the availability of

1. Cash in hand, cash at bank, money lended to partner, long term deposits
2. Local currency, money in bank accounts, bank overdraft, foreign currency
3. Cash in hand, cash in saving account, money owed by the customers
4. Cash in hand, cash at bank, foreign currency, money owed by customers and suppliers

Working capital is a vital aspect while managing the operations of a company. Working capital means

1. Cash inflows minus cash outflows
2. Capital plus assets
3. Assets minus Liabilities
4. Current assets minus current liabilities

The responsibility of holding the petty cash is generally given to

1. Finance or accounts department
2. Finance manager
3. Tax department
4. Admin. Officer

Stakeholders have a great influence on the organization and they exist both in the inside as well as outside the organization. Point out the stakeholders that belongs outside the organization.

1. Employees, unions, shareholders
2. Competitors, Suppliers, Government, Media
3. Employees, Competitors, Public pressure groups
4. Organizational Culture, Market demand, Local communities.