12th Class Business Studies Planning Question Bank Passage Bassed Questions

  • question_answer
    “It decides to increase sales by 15% and gives direction to all departments at all levels about what they are expected to do to achieve the objective. The managers also make certain assumption about the future, and forecasting is make about the demand for new products, prices of machinery and equipment needed. Identify the steps of the function of management highlighted.

    A) Setting objectives

    B) Developing premises

    C) Both (a) and (b) 

    D) Follow-up action

    Correct Answer: C

    Solution :

    [c] Setting objectives- It decides to increase sales by 15% and gives direction to all departments at all levels about what they are expected to do to achieve the objective Developing premises/ The managers also make certain assumptions about the future.


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