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Subjects

Business Studies

Importance of planning

In this Class 12 Business Studies topic from the chapter “Planning,” students learn why planning is essential for effective management. The topic explains how clear objectives and well-designed courses of action provide direction, coordinate efforts, reduce uncertainty and waste, support better decision-making, encourage innovative thinking, and establish standards for control. It also helps students understand the practical value of planning in achieving organisational goals and managing business activities systematically.

Hard · Level 6 · 5 questions

TOPIC PRACTICE

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Up to 5 questions from this page. Select your focus, then start.

5 questions

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  1. Statement is wrong because planning helps but does not guarantee
  2. Statement is correct because planning fixes every result
  3. Statement is correct because risk is ended
  4. Statement is wrong because planning gives no direction
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  1. Identify clues of direction risk wastage decision innovation control and coordination
  2. Write only risk in every question
  3. Choose the longest option
  4. Answer without reading options
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  1. Risk reduction benefit is shown but direction-giving benefit is weak
  2. Direction is completely clear and risk is absent
  3. Planning only increases wastage
  4. There is no need for control and coordination
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  1. Removing control
  2. Hiding objectives
  3. Increasing risk
  4. Promoting innovative ideas
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  1. Planning estimates possible events and prepares
  2. Planning makes every event certain
  3. Planning ends the need for forecasting
  4. Planning makes all risks zero

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