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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 3 · 25 questions

Practice questions

01An organisation fixed resources and budget but kept the objective vague. How should this plan be understood most correctly?

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02If a plan assigns work to all employees but does not state the final organisational goal what risk arises?

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03A company started an advertising campaign first and later decided target customers. What is the main error from planning perspective?

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04Planning does not mean controlling the future. What is its most correct meaning?

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05If only one method is considered in planning how can the quality of decision be affected?

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06A plan has objective but no basis to measure success. Which function will be most difficult later?

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07What is the role of present information in planning?

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08If a plan has objective and time limit but responsible person is not fixed what practical problem will arise?

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09In planning the decision to choose a course of action should be based on balance of what?

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10In which situation will a plan be considered more scientific?

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11A manager said we will first act and then make a plan after seeing results. What is wrong with this statement?

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12If objective means and course of action do not match in planning what can be the result?

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13Which option correctly shows the difference between planning and merely preparing a programme?

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14If course of action in a plan is selected by personal preference and not matched with objective what is the weakness?

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15What controlling benefit is obtained by deciding the course of action in advance in planning?

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16If the time limit in planning is very unrealistic what will be the effect on the plan?

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17An organisation made separate budgets for each department but did not state the common objective. What risk arises from planning perspective?

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18Which element is most central in calling planning a mental exercise?

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19In which situation is the meaning of planning most misunderstood?

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20Choosing the path to achieve objectives in planning represents what type of decision?

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21If a plan contains only desire for result but no action framework what would be the expert answer?

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22How does clarity of objective affect quality of course of action in planning?

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23A manager selected a path after looking at future demand cost and capacity. Which quality of planning does this show?

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24If a difficult technology is chosen in a plan without considering available skills what is the main planning defect?

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25In the meaning of planning along with what to do and how to do which question is necessary at expert level?

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