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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.

Medium · Level 7 · 25 questions

Practice questions

01A business said we will do well but set no measurable objective. What is the problem in terms of planning?

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02A manager purchased means before setting the objective. What is the main mistake from a planning perspective?

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03What is the relation between forecasting and decision in planning?

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04Planning does not mean only making rules. What is the correct reason?

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05If only the easiest option is chosen while planning and fit with objective is not checked what is the mistake?

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06Why is the relation between objective and standard important in planning?

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07Why is analysis of time limit important in understanding the meaning of planning?

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08Why is planning called a pre-action decision process?

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09Why is matching objectives and resources necessary in planning?

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10If there are two paths to reach an objective and the manager chooses one after comparing cost, risk, and time, what does it show?

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11Why does planning not mean only a written plan?

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12Why is it necessary to clarify the objective before selecting the course of action in planning?

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13A plan has a time limit and responsibility but no objective. What is the main defect?

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14If a course of action matches the objective but not the organisation’s capacity, what problem will arise in planning?

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15If only a senior manager’s opinion is considered in planning and actual work conditions are ignored, what weakness may arise?

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16Along with what to do and how to do it, what clarity is necessary in planning?

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17A plan says resources will be considered later. Why is this weak in terms of planning?

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18Which example shows both prior decision and future orientation?

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19If a manager chooses means to reach objectives but ignores risk, which analysis is weak in planning?

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20What is the correct relation between objective and course of action in planning?

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21Which option gives the widest meaning of planning?

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22Why cannot planning be called only preparing a budget?

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23Planning does not mean only selecting an alternative but what else?

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24A plan says all departments should do their own work but gives no common direction. What is the main planning weakness?

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25If objectives are set in planning but future assumptions are not tested, which base of planning is weakest?

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