12th Class Business Studies Planning Question Bank Topic - 1 MCQs - Planning

  • question_answer
    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

    B) Planning

    C) Organising

    D) Staffing

    Correct Answer: B

    Solution :

    [b] Explanation: Planning helps in setting an organisation's objectives and the means of reaching them. By planning to use the wastage from cakes, the company can make profits.


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