Question : Ravi is trying to coordinate the functioning of various department. Which of the following importance of financial planning is highlighted in the given statement?
Option 1: Helps in avoidance of business shocks and surprises
Option 2: Helps in coordinating various business functions.
Option 3: Helps in reducing waste and duplication of efforts.
Option 4: Provides link between investment and financing decision.
Correct Answer: Helps in coordinating various business functions.
Solution : Financial planning is essentially the preparation of a financial blueprint of an organisations futures operations. It helps in achieving coordination between various functions by providing clear policies and procedure.
Hence, option B is correct.
Question : Identify the importance of business environment highlighted in the below case. Increase in the Indian share of World tourism the AGF hotels has planned for new hotels in India.
Option 1: Helps in taping useful resources
Option 2: Helps in coping with rapid changes
Option 3: Helps in assisting in planning and policy formation
Option 4: Health and improving performance.
Question : The functions of management are:
Option 1: Planning, organizing, directing, and controlling
Option 2: Planning, directing, coordinating, and evaluating
Option 3: Planning, organizing, staffing, directing and controlling
Option 4: Planning, directing, delegating, and supervising
Question : Case Study: PQR Enterprises - Funding Strategies for Diversification
PQR Enterprises is a well-established conglomerate planning to diversify its business operations. The company is evaluating various sources of business finance to support its diversification plans.
Questions : Business Finance and Diversification
In the context of business finance, what does "diversification" refer to?
Option 1: Increasing shareholder dividends
Option 2: Expanding to international markets
Option 3: Reducing company workforce
Option 4: Expanding into new business areas
Question : Assertion-Reason Questions: Chapter - Sources of Business Finance
Questions : Business Finance and Its Meaning
Assertion: Need for business finance arises due to various uncertainties and risks associated with business activities.
Reason: Financial planning eliminates all forms of business risk and uncertainties.
Option 1: Both assertion and reason are true, and the reason is the correct explanation of the assertion.
Option 2: Both assertion and reason are true, but the reason is not the correct explanation of the assertion.
Option 3: Assertion is true, but the reason is false.
Option 4: Both assertion and reason are false.
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