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Due Diligence
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Info report on any company
Procedure research
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Legal Questions
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Quiz: planning
1. What is the first step in the planning process?
Implementation
Evaluation
Analysis
Identification
Correct answer: d
2. Which of the following is NOT a benefit of planning?
Increased efficiency
Improved decision-making
Decreased productivity
Better resource allocation
Correct answer: c
3. What does SWOT stand for in a SWOT analysis?
Strengths, Weaknesses, Opportunities, Threats
Sales, Workforce, Operations, Technology
Strategy, Workload, Objectives, Tactics
Success, Wealth, Organization, Teamwork
Correct answer: a
4. Which type of planning focuses on the long-term goals of an organization?
Operational planning
Tactical planning
Strategic planning
Contingency planning
Correct answer: c
5. What is the purpose of a Gantt chart in project planning?
To track project expenses
To assign tasks to team members
To visualize project timelines
To monitor project risks
Correct answer: c
6. What is the main advantage of using a project management software for planning?
Improved communication
Decreased project costs
Increased project scope
Faster project completion
Correct answer: a
7. Which of the following is a common time management technique used in planning?
Pareto Principle
Parkinson's Law
Hawthorne Effect
Maslow's Hierarchy of Needs
Correct answer: a
8. What is the purpose of a contingency plan in planning?
To prevent risks from occurring
To address risks if they occur
To allocate resources efficiently
To increase project scope
Correct answer: b
9. Which of the following is a characteristic of effective planning?
Rigid adherence to the plan
Ignoring feedback from stakeholders
Flexibility to adapt to changes
Lack of clear goals and objectives
Correct answer: c
10. What is the final step in the planning process?
Evaluation
Implementation
Analysis
Monitoring
Correct answer: a
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