Important MCQs of Planning chapter Business Studies Class 12
Looking for Important MCQs of Planning chapter of Business Studies with answers and explanations of Class 12 CBSE, ISC, and other state Boards.
We have compiled very important Multiple Choice Questions with answers of Planning chapter of BST class 12
Multiple Choice Questions of Planning chapter of BST Class 12
To get success in business all managers need to work hard in thinking about future, in making
business prediction and achieving targets.
The above line describe one of the concept, name that
a) Planning
b) Coordination
c) Management
d) None of the above
Ans – a)
Planners are suppose to be highly intellectual as they hae to analyse evironment to
make predictions regarding future, compare various alternatives and select the best.
It is related to which feature of planning
a) Planning involve decision making
b) Planning is forward looking
c) Planning is a mental exercise
d) Planning is primary function of management
Ans – c)
Due to planning changes in Business environment do not come as shock and surpise. This
is related to which importance of planning.
a) Planning facilitate decision making
b) Planning promotes innovative idea
c) Planning reduces the risk of uncertainities
d) Planning provides direction
Ans – c)
Which limitation is highlighted here once plan decided the future course of action,
and manager may not be in a position to change it:
a) Planning may not work in dynamic environment
b) Creates Rigidity
c) Reduces Creativity
d) Time Consuming
Ans – b)
In which step of planning process the best and most feasible plan will be choosen to be
implemented
a) Selecting an alternative
b) Developing Premises
c) Evaluating alternative course of action
d) Setting up objective
Ans – a)
In which step of planning process pros and cons of each alternative is examined.
a) Selecting an alternative premises
b) Developing Premises
c) Evaluating alternatives course of action
d) Setting up Objective
Ans – c)
Mansi, after completing her course in fashion designing planned to start designer boutique.
She had to address issues like her target customers, channels of distributions to be used,
Pricing policy etc. The type of plan Mansi need to develop to get a blue print of the
business venture is
a) Policy
b) Programme
c) Strategy
d) Objective
Ans – c)
‘Pace Ltd’. is an enterprise selling T.V sets, they have decided to buy LED screen only from
vendors using Japanese technique of manufacturing. This is related to which type of Plan
a) Objective
b) Policy
c) Strategy
d) Rule
Ans – b)
Planning is the
a) Primary/First function of manager
b) Last function of manager
c) Both a) and b)
d) None of the above
Ans – a)
Making assumptions for future is called
a) Making derivative plans
b) Making policy
c) Setting planning premises
d) All of the above
Ans – c)
The composite plan which involves setting up of long term objective finding course of
action and allocation of resources is called
a) Policy
b) Strategy
c) Programme
d) Procedure
Ans – b)
The plan which includes objective, policy, procedure and rule is called
a) strategy
b) Budget
c) Programme
d) All of the above
Ans – c)
Standardised way in which a task has to be performed is called
a) Policy
b) Procedure
c) Strategy
d) Method
Ans – d)
The sequence of steps or actions to be taken to enforce a policy and attain pre-
determined objective is called
a) Objective
b) Policy
c) Procedure
d) Strategy
Ans – c)
Organiations own customised way of handling problems or taking decisions is called
a) Strategy
b) Policy
c) Budget
d) Rule
Ans – b)
End Results towards which all the activities are directed is called
a) Policy
b) Strategy
c) Objective
d) Programme
Ans – c)
Controlling device from which deviations can be taken care of is
a) Procedure
b) Strategy
c) Policy
d) Budget
Ans – d)
Planning is performed at
a) Top Level
b) Middle Level
c) Supervising Level
d) All level
Ans – d)
Planning is
a) Routine Activity
b) Mental excercise
c) None of the above
d) All of the abovej
Ans – b)
After implementation of plan
a) Planning ends
b) New plan is made
c) Follow up is done
d) None of the above
Ans – c)
Standing Plan
a) Stands as an example for other planner
b) Recurring plans
c) Discarded after use
d) All of the above
Ans – b)
Single Use pLan
a) Used only once
b) Used for one single department
c) Used by single individual
d) All of the above
Ans – a)
Planning establish base or standard for
a) Organising
b) Staffing
c) Directing
d) Controlling
Ans – d)
A company is manufacturing garments. The manager wants to increase profits by purchasing
new high speed machines or increasing the sale price or using waste materials in
manufacturing stuffed toys. He decided that ‘using waste material’ is the best solution
for him.
Identify the concept of management involved.
a) Directing
b) Coordination
c) Planning
d) Organising
Ans – c)
Rahim wanted to start with a stationery app to help students of schools and colleges to
provide stationery to them. He felt that students were not able to get the needed
stationery easily and hence wanted to provide the stationery directly to students in the
school. He list out the various ways of setting up this business and finally selected the best
way to set up this business is by developing an app. Suggest what should be the next
step of him:
a) Developing premises
b) Identifying the alternative course of action
c) Implementation of plan
d) Follow up action
Ans – c)
What are certain assumptions about the future on the basis of which the plan will be
ultimately formulated?
a) Method premises
b) Planning premises
c) Esteem needs
d) Management premises
Ans – b)
