Podcast
Questions and Answers
Which planning technique uses statistical tools and analyses to predict the future?
Which planning technique uses statistical tools and analyses to predict the future?
- Qualitative Forecasting Technique
- Quantitative Forecasting Technique (correct)
- Forecasting
- Contingency Planning
Which planning technique makes use of opinions or perceptions from experts for prediction purposes?
Which planning technique makes use of opinions or perceptions from experts for prediction purposes?
- Contingency Planning
- Qualitative Forecasting Technique (correct)
- Forecasting
- Quantitative Forecasting Technique
Which planning technique is a process of identifying alternative courses of action in the event that unforeseen or uncontrollable events take place?
Which planning technique is a process of identifying alternative courses of action in the event that unforeseen or uncontrollable events take place?
- Quantitative Forecasting Technique
- Forecasting
- Qualitative Forecasting Technique
- Contingency Planning (correct)
Which planning technique pertains to the use of scientific techniques to predict the likelihood of certain events or factors happening in the future?
Which planning technique pertains to the use of scientific techniques to predict the likelihood of certain events or factors happening in the future?
Which planning technique can be applied for non quantifiable data and when historical data are not applicable or available?
Which planning technique can be applied for non quantifiable data and when historical data are not applicable or available?
Which type of department is responsible for manufacturing, selling, and providing services to clients?
Which type of department is responsible for manufacturing, selling, and providing services to clients?
What does a vertical structure of an organization clear out?
What does a vertical structure of an organization clear out?
What is the purpose of staff departments in an organization?
What is the purpose of staff departments in an organization?
What is the main characteristic of a horizontal structure in an organization?
What is the main characteristic of a horizontal structure in an organization?
What is the purpose of functional approach in an organization?
What is the purpose of functional approach in an organization?
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