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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 6 · 3 questions

TOPIC PRACTICE

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Up to 3 questions from this page. Select your focus, then start.

3 questions

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  1. Objective suitable and acceptable course of action
  2. Only sales record
  3. Past comparison
  4. Employee leave
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  1. Objective setting without analysis
  2. Balanced and practical objective setting
  3. Only controlling process
  4. Sudden order system
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  1. Rejecting all alternatives
  2. Keeping objectives uncertain
  3. Risk management through advance preparation
  4. Finding faults after work

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