[Business Studies MCQs, Planning, AHSEC, CBSE, Class 12, Objective Questions and Answers]
Business Studies Class 12 MCQs
Chapter 4: Planning
Multiple Choice Questions and Answers
Objective Questions (1 Mark)
1. Point out whether Planning is a
physical or mental activity.
Ans: Planning is a mental activity. It requires application of the
mind involving creative thinking and imagination, foresight & judgment.
2. Does planning eliminate risk?
Ans: No, Planning does not eliminate risk. It only reduces the
risks.
3. What are different types of plan?
Ans: Policy, Procedures, Method, Rule, Strategy, programme,
Budget.
4. Planning is a time consuming
process. Comment.
Ans: Planning is a time consuming process. It requires collection
of information, its analysis and interpretation. These activities may take
considerable time. This is also a limitation of planning.
5. ‘Planning strangulates the
initiativeness of the employees and compels them to work in an inflexible
manner’
Ans. Planning Hampers creativity
6. ‘No Smoking in the factory’ is
which type of plan.
Ans. Rules
7. Define derivative plans.
Ans. Plans that are prepared to support the main plan is called
derivative plan.
8. Define Planning Premises. 2013, 2018
Ans: Planning is concerned with the future, which is uncertain.
Therefore, the manager is required to make certain assumptions about the
future. These assumptions are called premises.
9. Why is planning regarded as
pervasive function of management? 2017
Ans: Planning is regarded as a pervasive function as it is
required at all levels of mgt. as well as in all departments of the
organisation. However the scope of planning differs at different levels and
among different departments.
10. Why is planning known as
“Futuristic’?
Ans: Planning is futuristic. It is done for the future and not for
the past. All the managers try to make assumptions for the future and act accordingly.
10. At which level of management is
planning function of management conducted?
Ans: Top Level
11. How can the happening of
‘overlapping and wasteful activities’ be reduced?
Ans: Through Planning
12. Which type of plan determines what
to do and how to do?
Ans: Objectives and Strategy
13. Name the techniques of control by
which all operations are planned in advance in the form of budget.
Ans: Budgetary Control
14. Define derivative plans.
Ans. Plans that are prepared to support the main plan is called
derivative plan.
15. Does planning eliminate risk?
Ans: No, Planning does not eliminate risk. It only reduces the
risks.
16. Planning provides directions. Comment.
Ans: By stating in advance how work is to be done, planning
provide direction for action. If goals are well defined, employees are aware of
what the organization has to do and what they must do to achieve those goals.
Departments and individuals in the organization are able to work in
coordination.
17. Name the other name of directional
plan.
Ans. Strategy.
18. How does planning restrict
creativity?
Ans: Planning in an activity which is done by top mgt. usually the
rest of the organisation just implements these plan. The result is that middle
management and other decision makers are neither allowed to deviate from plans
nor are they permitted to act on their own. This planning restricts creativity.
19. Give an example of goal.
Ans: To use new technology to
increase brand recognition in the local markets
20. Planning is a continuous process.
Comment.
Ans: Planning goes on continuously. It does not stop after a
particular period. If plans are made for a month, after one month new plans are
made. So Planning goes on without halt.
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ALSO READ (AHSEC ASSAM BOARD CLASS 12)
1. AHSEC CLASS 12 BUSINESS STUDIES CHAPTERWISE NOTES
2. AHSEC CLASS 12 BUSINESS STUDIES QUESTION PAPERS (FROM 2012 TILL DATE)
3. AHSEC CLASS 12 BUSINESS STUDIES SOLVED QUESTION PAPERS (FROM 2012 TILL DATE)
4. AHSEC CLASS 12 BUSINESS STUDIES IMPORTANT QUESTIONS
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21. Which function of management is
considered as the base of all other functions?
Ans: Planning
22.
Define Planning Process.
Ans: The
development of goals, strategies, task lists and schedules required to achieve
the objectives of a business is called planning process. This process is a
fundamental function.