12th Class Business Studies Sample Paper Business Studies Sample Paper-3

  • question_answer
    Explain the following features of planning:
    (i) Planning focuses on achieving objectives.
    (ii) Planning establishes standards for controlling.

    Answer:

    (i) Planning Focuses on Achieving Objectives Planning involves the determination of activities required to be undertaken to achieve objectives of organisation. Thus, it can be said that it focuses on achieving objectives. (ii) Planning Establishes Standards for Controlling Planning involves setting-up of objectives, which act as the standards against which actual performance is measured. This helps in finding deviations and taking corrective action in the controlling process.


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