Question Bank for 12th Class Business Studies Planning Topic - 2 MCQs - Planning Process

1)

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

B)

Implementing the plans

C)

Follow-up actions

D)

Identifying alternative ways

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2)

Name the step of the planning process where other functions of management also come into the picture

A)

Implementing the plan

B)

Developing premises

C)

Selecting an alternative

D)

Follow-up action

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3)

In which step of the planning process do the planners make predictions and assumptions regarding the future?

A)

Follow-up actions

B)

Setting objectives

C)

Developing premises

D)

Implementing the plans

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4)

Which step of planning makes it a controlling device?

A)

Setting objectives

B)

Selecting the best course of action

C)

Implementation of plan

D)

Follow-up action

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5)

Accurate forecasts become essential for successful plans. Identify the step of one of the functions of management highlighted above.

A)

Setting objectives

B)

Follow-up actions

C)

Developing premises

D)

Implementing the plans

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6)

'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

B)

Evaluating alternative course

C)

Implementing the plan

D)

Follow-up action

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7)

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

B)

Follow-up actions

C)

Developing premises

D)

Implementing the plans

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8)

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

B)

Developing premises

C)

Identifying alternative course of actions

D)

Evaluating alternative courses

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9)

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)

B)

(i), (iv), (iii), (ii)

C)

(iii), (ii), (i), (iv)

D)

(i), (iii), (ii), (iv)

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10)

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

B)

Developing premises

C)

Identifying alternative courses of action

D)

Evaluating alternative courses

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11)

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

B)

Setting objectives

C)

Follow-up action

D)

Identifying alternative courses of action

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12)

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

B)

Identifying the alternative course of action

C)

Implementation of plan

D)

Follow-up action

View Solution

12th Class Business Studies Planning Question Bank

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

Study Package

Topic - 2 MCQs - Planning Process

Topic - 2 MCQs - Planning Process Total Questions - 12