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12/15/2018 Have you understood (W3)?

Dashboard / My courses / BBPP1203 / Week 3 / Have you understood (W3)?

Started on Friday, 7 December 2018, 6:20 PM


State Finished
Completed on Friday, 7 December 2018, 6:23 PM
Time taken 3 mins 2 secs
Marks 5.00/5.00
Grade 1.00 out of 1.00 (100%)

Question 1 Which is the best definition of planning?


Correct

Mark 1.00 out of Select one:


1.00
a. An integrated process of formulating, carried out and controlled plans.

b. Setting organisation’s objectives and ways of achieving them. 

c. Core activity between planners and planning departments.

Your answer is correct.

The correct answer is: Setting organisation’s objectives and ways of achieving them.

Question 2 Which of the following indicates the right steps for a rationale decision making?
Correct

Mark 1.00 out of Select one:


1.00
a. 1) Defining the problem-2) generating alternative solution-3) evaluating alternatives-
4) allocating weights to each criterion-5) identifying the decision criteria, and
6) selecting optimal decision.

b. 1) Defining the problem- 2) identifying the decision criteria- 3) allocating weights to each criterion-
4) generating alternative solutions- 5) evaluating alternatives and, 6) selecting optima
decision. 

c. 1) Defining the problem-2)evaluating alternatives-3) generating alternative solutions-


4) identifying the decision criteria-5) allocating weights to each criterion and
,6) selecting optimal decision.

Your answer is correct.

The correct answer is: 1) Defining the problem- 2) identifying the decision criteria- 3) allocating weights to each criterion-
4) generating alternative solutions- 5) evaluating alternatives and, 6) selecting optima
decision.

Question 3 Which of the following is decision making in an uncertain condition?


Correct

Mark 1.00 out of Select one:


1.00
a. Diversification of new product business in decorative ceramic since there are no
sellers selling the item at the area but the demand still remains unknown. 

b. Investment for option B since the return is 1% higher than investment A.

c. Increasing investment when the company state the probability of earning 60%
profit and 40% losses.

Your answer is correct.

The correct answer is: Diversification of new product business in decorative ceramic since there are no
sellers selling the item at the area but the demand still remains unknown.

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12/15/2018 Have you understood (W3)?

Question 4 Which of this is an advantage of planning?


Correct

Mark 1.00 out of Select one:


1.00
a. It separates planners and implementers.

b. It assists managers to strategise work. 

c. It prioritise uncertainties in the business.

Your answer is correct.

The correct answer is: It assists managers to strategise work.

Question 5 What is the negative repercussion in a planning?


Correct

Mark 1.00 out of Select one:


1.00
a. It requires intensive effort.

b. It design the strategy as a guideline.

c. It is made in a specified time period. 

Your answer is correct.

The correct answer is: It is made in a specified time period.

◄ Discussion Forum Jump to... Check Your Initial Understanding (W4)! ►

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