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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.

Hard · Level 3 · 25 questions

Practice questions

01What is the most precise meaning of the term advance decision in the definition of planning?

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02When alternative paths are kept in a plan for an uncertain future which reasoning applies?

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03Which understanding of planning assumes that present decisions influence future results?

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04Which example does not show the meaning of planning?

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05A company first chose a goal and then evaluated alternatives on the basis of cost risk and time. Which form of planning does this show?

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06Forecasting is considered a base of planning but why not the final answer?

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07Which statement wrongly explains the objective based nature of planning?

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08If a manager changes next year's production method in advance after observing changing technology which meaning is strengthened?

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09Which option states the correct criterion for selecting the best alternative in planning?

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10Which quality will be affected if a decision is taken directly without considering available alternatives in planning?

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11An organisation made a plan but did not revise it when a market slowdown came. Which feature was ignored?

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12What is the most correct indication of the term course of action in the definition of planning?

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13If opportunities and threats of external environment are not considered in planning which meaning is incomplete?

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14While understanding the difference between planning and controlling which statement is correct?

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15In which situation is the manager not actually planning?

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16Why cannot resource determination and objective determination be seen separately in planning?

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17When is it proper to call planning an active process?

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18If correct information is not collected in planning what will be affected the most?

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19Why does predetermination in the meaning of planning not mean rigidity?

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20Which statement proves the logical nature of planning?

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21When a plan decides who will work when how and with which means which meaning is fulfilled?

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22According to correct understanding of planning what is the best way to deal with future uncertainty?

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23Why is correct identification of the problem necessary before setting objectives in planning?

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24If two departments make separate plans but do not link them with the common goal what is the main weakness?

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25Why is it wrong to treat planning only as a wish and not as a means?

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