12th Class Business Studies Planning Question Bank

done Topic - 1 MCQs - Planning Total Questions - 22

• question_answer1)
  Which of the following is not a feature of planning?
  A)
  Primary function done clear
  B)
  Pervasive done clear
  C)
  Arranging resources done clear
  D)
  Mental exercise done clear
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• question_answer2)
  Which function of management bridges the gap between where we are and where we want to go to?
  A)
  Planning            done clear
  B)
  Organising done clear
  C)
  Procedure          done clear
  D)
  Controlling done clear
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• question_answer3)
  Name the feature of planning which says planning is a forward looking function
  A)
  Planning is pervasive done clear
  B)
  Planning is futuristic done clear
  C)
  Planning is continuous done clear
  D)
  Planning focuses on achieving objectives done clear
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• question_answer4)
  This function of management decides what to do and how to do:
  A)
  Organising done clear
  B)
  Planning done clear
  C)
  Directing            done clear
  D)
  Controlling done clear
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• question_answer5)
  Which of the following statements is not an importance of planning?
  A)
  Planning is expensive and time consuming done clear
  B)
  Planning promotes creativity and innovation done clear
  C)
  Planning aids in decision-smaking done clear
  D)
  Planning helps managers look ahead done clear
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• question_answer6)
  Planning may not guarantee success because:
  A)
  top level plans and middle level management implement done clear
  B)
  dynamics of business environment may change done clear
  C)
  planning is futuristic done clear
  D)
  none of the above done clear
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• question_answer7)
  Planning is considered to be rigid because:
  A)
  it provides a course of action to be followed done clear
  B)
  it does not consider changes in business environment done clear
  C)
  it lays the fixed path for managers to follow done clear
  D)
  all of the above done clear
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• question_answer8)
  “If the end result is clear it becomes easier to work towards the goal.” Identify the step of one of the functions of management highlighted above.
  A)
  Setting objectives done clear
  B)
  Follow-up action done clear
  C)
  Developing premises done clear
  D)
  Implementing the plan done clear
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• question_answer9)
  “Planning requires logical and systematic thinking rather than guesswork or wishful thinking.” Identify the feature/characteristic of planning highlighted above.
  A)
  Planning is continuous done clear
  B)
  Planning is futuristic done clear
  C)
  Planning is pervasive done clear
  D)
  Planning is a mental exercise done clear
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• question_answer10)
  Which of the following is not a limitation of planning?
  A)
  It reduces creativity done clear
  B)
  It is futuristic done clear
  C)
  It leads to rigidity done clear
  D)
  It is time consuming done clear
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• question_answer11)
  Which of the following is not the limitation of planning?
  A)
  Wastage of time done clear
  B)
  Basis of control done clear
  C)
  Rigidity Planning done clear
  D)
  Huge cost done clear
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• question_answer12)
  Which of the following is true about “planning is pervasive” feature of planning?
  A)
  It is a top management function done clear
  B)
  It extends throughout the organisation done clear
  C)
  It is a future-oriented activity done clear
  D)
  It is the first element of management process done clear
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• question_answer13)
  Which of the following is the first step of planning?
  A)
  Implementing the plan     done clear
  B)
  Follow-up action done clear
  C)
  Selecting an alternative done clear
  D)
  Setting objectives done clear
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• question_answer14)
  What is planning concerned with?
  A)
  Looking forward  done clear
  B)
  Looking back done clear
  C)
  Looking for new records done clear
  D)
  Looking for old records done clear
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• question_answer15)
  A Classic Cake manufacturing company wants to increase profits by using appliances that saves electricity or increasing the selling price or re-use materials in manufacturing cookie cream ice cream. The company owner decided that using leftover cakes from design is the best solution for him. Identify the concept of management involved.
  A)
  Directing done clear
  B)
  Planning done clear
  C)
  Organising done clear
  D)
  Staffing done clear
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• question_answer16)
  “Changes and events cannot be eliminated but they can be anticipated and managerial response to them can be developed.” Which importance of planning is highlighted in the above statement?
  A)
  Planning provides direction done clear
  B)
  Planning reduces overlapping and wasteful activities done clear
  C)
  Planning reduces the risk of uncertainty done clear
  D)
  Planning facilitates decision making done clear
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• question_answer17)
  Sales foretell is the basis on which a business organisation prepares its annual plan for production and sales. Which feature of planning is highlighted here?
  A)
  Planning is futuristic done clear
  B)
  Planning is the primary function of management done clear
  C)
  Planning is pervasive done clear
  D)
  Planning is continuous done clear
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• question_answer18)
  A carpet manufacturer prepares coming year production plan after forecasting the demand. Identify the feature of planning.
  A)
  Planning establishes standards for controlling done clear
  B)
  Planning is continuous done clear
  C)
  Planning is futuristic done clear
  D)
  Planning is a mental exercise done clear
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• question_answer19)
  A garment manufacturing company regularly scan business environment and feel that the trends they are following is the best. One of the managers is very active and able to calculate future trends, competition in the market which could adversely affects the company's business. He is not encouraged from making the changes. Identify limitation of planning
  A)
  It leads to rigidity done clear
  B)
  It may not work in dynamic environment done clear
  C)
  It reduces creativity done clear
  D)
  It involves huge cost done clear
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• question_answer20)
  Planning cannot pre determine everything. Hence, there may be obstacles to productive planning. Identify the related limitation of planning.
  A)
  Planning leads to rigidity done clear
  B)
  Planning may not work in a dynamic environment done clear
  C)
  Planning does not guarantee success done clear
  D)
  Planning reduces creativity done clear
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• question_answer21)
  A leather industry company spent lot of time and money to frame and implement the plan to diversify. A huge amount was spent on work on the designed plan. The competition started increasing, so it could not change its plan to beat its competitors because huge amount is already spent, the plan failed and the company suffered huge loss. Identify the limitation here.
  A)
  Planning involves huge costs done clear
  B)
  Planning may not work in a dynamic environment done clear
  C)
  Planning is time consuming done clear
  D)
  All of these done clear
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• question_answer22)
  Which of the following is true about planning?
  A)
  Planning promotes innovative ideas done clear
  B)
  Planning does not requires high-level thinking done clear
  C)
  Planning is not an intellectual process done clear
  D)
  Planning creates hindrances in innovation and creativity done clear
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