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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 4 · 25 questions

Practice questions

01Which statement most clearly shows the importance of systematic thinking in planning?

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02Which relation between decision and implementation is correct in the meaning of planning?

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03In which situation will the objective based meaning of planning be proved strongest?

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04What role does risk evaluation play in planning?

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05How should the word future be correctly understood in the definition of planning?

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06Which is the most mature conclusion about the meaning of planning?

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07A company said it wants to grow in the market but did not decide which market and by which method. What is the main weakness in terms of planning?

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08Planning does not guarantee future success yet why is it necessary?

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09A manager selected a course of action after considering low cost quick time and available skill. Which aspect of planning does this show?

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10What should be included to make prior decision complete in planning?

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11If resources are mentioned in a plan but objective is missing why will it be considered weak?

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12What is the relation between planning and setting objectives?

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13An organisation selected a course of action but did not consider possible future demand. What is the weakness in planning?

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14If a manager ignores all available alternatives even after setting an objective what will be the effect on decision?

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15A plan says production should be increased but not how much and by when. What is the most correct comment?

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16If a plan is beautifully written but not implementable what can it be called?

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17In which situation is the concept of planning applied most correctly?

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18Why should the meaning of planning be understood before controlling?

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19A startup started building an app first and later thought who the customers are. What is the planning mistake?

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20If future demand can change what is wise to keep in planning?

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21Which option gives the deepest meaning of planning?

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22When do course selection and priority setting become necessary in planning?

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23Why is merely listing resources not enough in planning?

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24If a manager takes decisions only after action every time how is it different from the meaning of planning?

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25What is the rigorous meaning of calling planning a purposeful process?

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