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Subjects

Business Studies

Types of plans

In Class 12 Business Studies, this topic from the chapter Planning introduces students to the main types of plans used by organisations. They learn to distinguish standing plans, which guide recurring activities, from single-use plans, which are prepared for specific situations or objectives. The topic also explains objectives, strategies, policies, procedures, methods, rules, programmes, budgets and projects, helping students understand how planning turns business goals into clear courses of action.

Hard · Level 4 · 25 questions

Practice questions

01In which option should it be understood as procedure instead of rule?

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02A company prepares numerical estimates for the year's production quantity, raw materials, and labour hours. Which type of plan is this?

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03In which situation would a single-use plan be most suitable?

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04Which option is least likely to be a standing plan?

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05A company's general guideline for innovation decisions is to consider employees' ideas. Which type of plan is this?

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06Which option correctly distinguishes a method from a rule?

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07In response to low-cost competitors, a company decides to differentiate itself by emphasising premium service guarantees and after-sales support. Which type of plan is this decision most closely associated with?

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08If a plan only states that 5000 units must be produced every month which plan is it?

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09A museum plans guide schedules, exhibition rooms, and visitor registration for a special Heritage Week. Which type of plan does this illustrate?

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10Which statement best distinguishes a programme from a budget?

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11A logistics company sets a long-term direction for reducing delivery delays by choosing new route-planning technology and redesigning its warehouse network to strengthen its competitive position. Which type of plan is this?

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12Which option gives examples of a policy, a procedure and a method, in that order?

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13A company states that employees must never ignore a fire alarm and that ignoring one will result in disciplinary action. Which type of plan is this?

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14An NGO combines a survey team, posters, a street play and a doctors' camp in one plan to raise health awareness in a village. What type of plan is this?

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15A company sets a target to reduce employee absenteeism from 12% to 7% during the next quarter. What type of plan does this target represent?

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16If management kept bill check first then product condition check and then finance approval in customer refund cases this identifies which plan?

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17Which option gives an example of a single-use plan followed by an example of a standing plan?

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18A company taught the packaging department the precise technique of applying bubble wrap for fragile items. This relates to which plan?

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19Which option correctly distinguishes a rule from a budget?

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20A plan sets the organisation's direction after considering external opportunities and threats and internal strengths and weaknesses. What type of plan is this?

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21Which statement correctly distinguishes a procedure from a method?

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22A company says that, in supplier disputes, negotiation should be preferred first, but fake bills must not be accepted. What do these two statements represent, respectively?

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23A publishing house set a target of increasing orders from schools by 30% within eight months. It also formulated a market direction in response to syllabus changes. Which types of plans are these, respectively?

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24A company states that complaints will receive a fair hearing, but any claim supported by a fake receipt will be rejected immediately. What do these statements represent, respectively?

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25In a payment system, an invoice is verified first, taxes are checked next, and payment is made only after an authorised signature. Which type of plan does this describe?

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