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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

TOPIC PRACTICE

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  1. Because planning has no objective
  2. Because planning is only control
  3. Because revision is possible under changing conditions
  4. Because planning is not linked with future
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  1. When market signals are studied
  2. When resources are estimated
  3. When alternatives are compared
  4. When there is no real estimation of future conditions
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  1. Clarity and implementability
  2. Directionless work
  3. Sudden decision
  4. Aimlessness
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  1. Because together they make the course of action practical
  2. Because none of them relates to planning
  3. Because time makes objectives unnecessary
  4. Because means are always unlimited
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  1. It is objective based
  2. It is decision based
  3. It is complete even without alternatives
  4. It is future oriented
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  1. Ambiguity of responsibility
  2. Excess of customer number
  3. Problem of machine colour
  4. Lack of old expense
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  1. Planning is only the owner's personal wish
  2. Planning occurs at managerial levels according to their scope
  3. Planning is hidden from employees
  4. Planning is only an exam term
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  1. Planning will become more effective
  2. Controlling will not be needed
  3. The selection is not objective suitable
  4. The future is completely certain
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  1. So that objectives can be removed later
  2. Because path is chosen after work is done
  3. Because decision makes profit distribution easy
  4. Because decision gives direction to implementation
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  1. Every activity should be directed towards a set objective
  2. Planning becomes better by removing objectives
  3. Objectives are needed only in control
  4. Planning remains same without objectives
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  1. When it lacks clear course of action and responsibility
  2. When objectives are measurable
  3. When resources are decided
  4. When alternatives are analysed
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  1. First result then objective then alternatives
  2. First objectives then alternatives then selection then course of action
  3. First confusion then order then objective
  4. First expense then mistake then policy
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  1. Predetermination gives direction and flexibility allows revision under change
  2. Predetermination removes objectives
  3. Flexibility makes planning aimless
  4. Both have no relation
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  1. Because external conditions can influence future decisions
  2. Because external environment is always stable
  3. Because planning is only an internal rule
  4. Because resources never relate to environment
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  1. Because a wrong assumption can lead to a wrong decision
  2. Because assumptions have no relation with future
  3. Because planning is better without assumptions
  4. Because objectives never change
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  1. Planning is related to future
  2. Planning is goal based
  3. Planning involves selection of alternatives
  4. Planning completely controls the future
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  1. Because the essence of planning is deciding the best alternative
  2. Because writing alternatives is wrong
  3. Because objectives are always unnecessary
  4. Because selection happens only in control
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  1. It links objectives alternatives resources time and future estimates
  2. It is only a list of rules
  3. It is only a record of results
  4. It is an order without thought
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  1. Imbalance between objective and action sequence
  2. Balance between salary and profit
  3. Problem of recruitment and selection
  4. Similarity of accounting and audit
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  1. Because limited means affect the choice of objectives and path
  2. Because means are always unlimited
  3. Because means are unrelated to objectives
  4. Because planning is made without means
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  1. Planning is predetermination of both ends and means
  2. Planning only observes results
  3. Planning runs without decision
  4. Planning is only hiring personnel
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  1. Because the chosen path may need revision when conditions change
  2. Because selection is always wrong
  3. Because review is prohibited in planning
  4. Because objectives are never affected
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  1. Planning is rational advance coordination of objectives means alternatives and time under uncertain future
  2. Planning is only the act of recording expenses
  3. Planning is a set of orders without objectives
  4. Planning starts only after results arrive
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  1. Only lack of controlling
  2. Not linking objective with action framework
  3. Excess employee selection
  4. Problem of advertisement colour
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  1. It is linked only with dreaming
  2. It happens after work completion
  3. It evaluates alternatives and selects a course of action
  4. It treats objectives as unnecessary

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