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Subjects

Business Studies

Planning process

This Class 12 Business Studies topic explains how organisations turn goals into practical courses of action through a systematic planning process. Students learn to set clear objectives, develop planning premises, identify alternative courses of action, evaluate those alternatives, select the most suitable plan, implement it, and follow up to assess results. The topic also shows how planning supports coordination, reduces uncertainty, improves decision-making, and guides the effective use of organisational resources.

Expert · Level 5 · 25 questions

Practice questions

01If the actual customer retention rate after implementation is lower than the target, which step is necessary?

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02If different branches are making budgets with different demand estimates, which step must be made common?

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03If the objective is fixed but alternatives are created without understanding real customer needs, what risk exists?

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04If managers select an alternative only because it succeeded last year, which step became weak?

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05If the objective of a plan is to increase profit but social responsibility is ignored, what weakness exists in objective setting?

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06If inflation is assumed low in planning premises and later the budget becomes wrong, which relation should be understood?

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07If a company lists alternatives but does not check resource requirement of any option, which step is incomplete?

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08If employees do not get authority to implement the selected alternative, what will happen?

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09If follow-up shows that the plan was correct but communication was weak, what will correction focus on?

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10If managers keep taking new market data even after planning, which feature of the planning process becomes stronger?

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11If after setting objective a company directly implements and skips premises and alternatives, what is the problem?

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12If a manager also checks opportunity cost before selecting the best alternative, which stage does it improve?

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13If the plan goal is to increase market share but no profit margin standard is kept, what weakness will appear in follow-up?

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14If a planning team creates best case and worst case assumptions, which step is it strengthening?

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15If supplier reliability was not checked during evaluation and later supply failed, which criterion was missed?

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16If training and communication plan is not prepared before implementing the selected plan, which action support is missing?

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17If actual performance is better than target in follow-up, what can a manager still learn?

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18If customer satisfaction is an objective but there is no survey method to measure it, which later step will be weak?

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19If a company made a sales objective and then estimated competitors' expected discount policy, which step occurred in sequence?

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20If only financial return is checked while selecting an alternative and legal compliance is ignored, why is selection weak?

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21If departments are given different priorities during plan implementation, what implementation issue will occur?

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22If repeated delay appears in follow-up, what should the manager do instead of only extending the deadline?

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23If future premises are uncertain, what should an expert planner do?

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24If the team asks suppliers about practical constraints while making alternatives, what benefit will occur?

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25If a plan has a budget but cash flow timing is not checked, which stage has a gap?

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