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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.

Hard · Level 1 · 25 questions

Practice questions

01If an alternative is selected in a plan but reasons are not stated, what question will arise in expert analysis?

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02If the problem is not correctly identified in the planning process, what will happen?

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03A company first fixed a profit growth target and then assumed that raw material prices may rise next year. Which two steps does this sequence show?

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04If a manager chooses the advertising medium before fixing the objective what mistake in the planning process is made?

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05A school fixed a target to increase student numbers but did not estimate future fee policy and competitor coaching impact. Which step was missed?

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06If online sales store expansion and agent network are written as three ways to achieve a target which step is this exactly?

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07A firm compared cost time risk and expected benefit for three options. This shows depth of which step?

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08If after evaluation a company adopts an option with lower profit but lower risk which step is completed?

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09A plan was selected but budget responsibility and deadline were not fixed. Which step will remain incomplete?

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10If actual sales are below target after implementation and the manager finds reasons and corrects them which step is this?

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11Which option gives the correct middle sequence of the planning process?

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12A company said the objective is to reduce customer complaints by 30 percent in six months. Why is this objective better?

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13If a manager treated possible fall in demand as a planning premise and then searched production alternatives what should be the next step?

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14An organisation clarified objectives but different departments assumed different future economic conditions. What is necessary in the planning process?

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15If a manager thinks of only one way to increase market share and does not search other ways which step is weak?

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16Looking only at low cost and ignoring quality during evaluation of alternatives is what type of mistake?

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17If the selected alternative is correct but employees do not receive resources and instructions where is the problem in planning process?

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18Why is it incomplete to treat follow up action only as looking at results?

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19A company started evaluating many alternatives without setting objectives. Why is this wrong?

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20If estimates about raw material availability prove wrong which planning step is most directly affected?

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21A manager listed three alternatives but did not examine them in relation to the objective. Which step remained incomplete?

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22If two alternatives are equally good and the organisation combines them into a joint plan which step shows this flexible understanding?

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23Small budgets programmes and rules were made for a selected plan. Which step do these support?

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24If review of the plan shows that a premise was wrong what improvement should be made in the next plan?

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25In which situation is the objective correct but planning premises are weak?

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