2. Questions Bank
  3. 12th Class
  4. Business Studies
  5. Planning

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

  • question_answer
    “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

    B) Planning reduces overlapping and wasteful activities

    C) Planning reduces the risk of uncertainty

    D) Planning facilitates decision making

    Correct Answer: C

    Solution :

    [c] Explanation: Due to the dynamic nature of the business environment, planning is important as it enables a manager to anticipate and meet changes effectively


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