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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.

Medium · Level 4 · 25 questions

Practice questions

01If a company forms a sales team after choosing direct selling, which step is this?

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02What should happen before identifying alternatives in the planning process?

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03If machines, money and human resources are arranged to implement a plan, this is an example of which step?

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04If actual performance differs from the plan, corrective action is taken in which step?

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05If the objective is very general, such as “doing good work,” what weakness will occur in planning?

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06In which step can a company consider future interest rates, wage rates, and tax policy?

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07If many alternatives are available but a combination of more than one option is best, what can managers do?

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08If a training programme, deadline and responsible officer are fixed in a plan, this is related to which step?

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09What is the most correct relation between evaluation and selection in the planning process?

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10If a company checks the progress of the selected plan every month, this is an example of which step?

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11An organisation set a target to reduce cost by 10 percent. Why is this target considered good?

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12If a company conducts market study before making a plan, it helps in which step?

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13If objectives, policies, procedures and budget are clearly written in a plan, how does it help implementation?

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14If the list of possible alternatives in planning is kept very limited, what loss may occur?

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15If an alternative has low cost but very high risk, what should be done in the planning process?

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16Why is it necessary to inform employees before implementing the selected plan?

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17If actual cost is higher than budget, what can be done during follow-up?

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18In which step is it decided which alternative best matches the organisation's objective and resources?

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19If a plan is directly implemented after setting objectives and alternatives are not searched, which step is missed?

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20If a company estimated future wage rate and prepared budget accordingly, which step became stronger?

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21If a plan is implemented but there is no method to measure progress toward the target, which step will be weak?

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22What is the relation between objectives and premises in the planning process?

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23If managers choose an alternative without checking its feasibility, which step was not done properly?

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24If an action plan clearly states who will do what, when and how, which step has been made easier?

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25If the success of a plan is checked only at the end and not during implementation, what weakness may occur?

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