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Subjects

Business Studies

Meaning of planning

In Class 12 Business Studies, this topic explains the meaning of planning as deciding in advance what is to be done, how it will be done, when it should happen, and who will carry it out. Students understand planning as a basic management function that gives direction to business activities, helps set objectives, guides decision-making, coordinates efforts, and prepares an organisation to respond to future uncertainty.

Expert · Level 2 · 25 questions

Practice questions

01Why is it improper to treat planning as a rigid order?

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02In which situation will the future orientation of planning remain only formal?

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03If an organisation makes objectives measurable and divides work into stages what strength is added to the meaning of planning?

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04Why should objectives means and time be read together in planning?

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05Which option gives an incorrect expert understanding of planning?

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06If a plan does not mention who will do the work what type of ambiguity will exist?

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07What does participation at every level in planning mean?

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08If the course decided in planning does not match the objective what conclusion follows?

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09Why is decision taken before implementation in planning?

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10Which conclusion is most correct in calling planning a purposeful process?

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11In which situation will planning remain only a formal document?

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12Which is the correct sequence of systematic thinking in planning?

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13How can predetermination and flexibility exist together in planning?

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14Why is it wrong to ignore the external environment while deciding course of action in planning?

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15Why is testing assumptions necessary before choosing a course of action in planning?

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16Which statement is subtly incorrect in the meaning of planning?

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17If all possible alternatives are listed in a plan but no selection is made why is the plan incomplete?

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18Which statement best expresses the integrated nature of planning?

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19If there is no relation between long term objectives and short term steps in a plan what weakness exists?

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20Why is it necessary to understand the limitation of means in planning?

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21Choosing objectives and deciding the process to achieve them in planning together lead to which conclusion?

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22Why can review be useful even after selecting the best alternative in planning?

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23Which is the most expert conclusion about the meaning of planning?

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24A company set a goal to increase profit next year but did not decide customer segment resources and time limit. What is the deepest weakness in terms of planning?

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25What is the strongest basis for considering planning a decision process?

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