12th Class Business Studies Planning Question Bank

done Topic - 2 MCQs - Planning Process Total Questions - 12

• question_answer1)
  “To see whether plans are being implemented and activities are being performed according to schedule is a step of the planning process. Identify the step.
  A)
  Developing premises done clear
  B)
  Implementing the plans done clear
  C)
  Follow-up actions done clear
  D)
  Identifying alternative ways done clear
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• question_answer2)
  Name the step of the planning process where other functions of management also come into the picture
  A)
  Implementing the plan done clear
  B)
  Developing premises done clear
  C)
  Selecting an alternative done clear
  D)
  Follow-up action done clear
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• question_answer3)
  In which step of the planning process do the planners make predictions and assumptions regarding the future?
  A)
  Follow-up actions done clear
  B)
  Setting objectives done clear
  C)
  Developing premises done clear
  D)
  Implementing the plans done clear
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• question_answer4)
  Which step of planning makes it a controlling device?
  A)
  Setting objectives done clear
  B)
  Selecting the best course of action done clear
  C)
  Implementation of plan done clear
  D)
  Follow-up action done clear
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• question_answer5)
  “Accurate forecasts become essential for successful plans.” Identify the step of one of the functions of management highlighted above.
  A)
  Setting objectives done clear
  B)
  Follow-up actions done clear
  C)
  Developing premises done clear
  D)
  Implementing the plans done clear
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• question_answer6)
  'This is the real point of decision-making- The best plan has to be adopted and implemented.” Identify the step of the planning function of management highlighted above.
  A)
  Selecting an alternative    done clear
  B)
  Evaluating alternative course done clear
  C)
  Implementing the plan done clear
  D)
  Follow-up action done clear
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• question_answer7)
  “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 actions done clear
  C)
  Developing premises done clear
  D)
  Implementing the plans done clear
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• question_answer8)
  An innovative course may be adopted by involving more people and sharing their ideas Identify the step of the planning function of management highlighted above.
  A)
  Setting objectives done clear
  B)
  Developing premises done clear
  C)
  Identifying alternative course of actions done clear
  D)
  Evaluating alternative courses done clear
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• question_answer9)

  Following are the steps of the planning process. Arrange them in the correct sequence:

  (i) Developing premises

  (ii) Identifying the course of actions

  (iii) Setting objectives

  (iv) Evaluating alternative courses

  A)
  (iii), (i), (ii), (iv) done clear
  B)
  (i), (iv), (iii), (ii) done clear
  C)
  (iii), (ii), (i), (iv) done clear
  D)
  (i), (iii), (ii), (iv) done clear
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• question_answer10)
  “In financial plans, the risk-return trade-off is very common. The more risky the investment, the higher the returns it is likely to give. To evaluate such proposals, detailed calculations of earnings, earnings per share, interest, taxes, dividends are made and decisions taken. Identify the step of the planning function of management highlighted above.
  A)
  Setting objectives done clear
  B)
  Developing premises done clear
  C)
  Identifying alternative courses of action done clear
  D)
  Evaluating alternative courses done clear
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• question_answer11)
  An organisation has an option to reduce prices or improve design in packaging to increase sales. Which step of planning process relates with the above example?
  A)
  Implementing the plan done clear
  B)
  Setting objectives done clear
  C)
  Follow-up action done clear
  D)
  Identifying alternative courses of action done clear
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• question_answer12)
  Rohan felt that students were not able to get the needed stationery at case and hence, wanted to provide the stationery directly to students in the school. After market survey he lists out the various ways of setting-up this business and finally selected to do it is by developing an app. Suggest what should be the next step for him?
  A)
  Developing premises done clear
  B)
  Identifying the alternative course of action done clear
  C)
  Implementation of plan done clear
  D)
  Follow-up action done clear
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