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Business Studies-[Class 12-MCQS ]-Chapter 4 Planning

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1. Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.




2. Which of the following is not a benefit of planning?




3. Which of the following is a benefit of planning?




4. Which of the following statements is not true with reference to planning?




5. What is known as the primary function of management?




6. Which of the following is not a feature of planning?




7. All other managerial functions are performed within the framework of the plans drawn. Identify the related feature of planning




8. Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.




9. Planning cannot foresee everything, and thus, there may be obstacles to effective planning. Identify the related limitation of planning.




10. It is not always true that just because a plan has worked before it will work again. Identify the related limitation of planning.




11. Identify the correct sequence of steps involved in the planning process.




12. They represent the end point of planning




13. A strategy is derived from




14. A strategy is a comprehensive plan which will not include this dimension




15. They provide a basis for interpreting strategy, which is usually stated in general terms




16. They detail the exact manner in which any work is to be performed.




17. It helps to save time, money and effort, and increases efficiency.




18. It is a plan which quantifies future facts and figures




19. Which of the following is not a standing plan?




20. Which of the following is not a single use plan?




21. Micromax was India’s largest seller of mobile handsets. It launched low-cost Chinese manufacturing with some smart packaging and features like long-lasting batteries and dual-sim functionality to garner 20% market share in India’s value-conscious mobile handset market. Identify the two types of plans being described in the above lines.




22.  According to a survey, these days the young children have more power in purchasing decisions than ever before. The parents seek their kids’ opinions about all kinds of once-adult decisions, including where to go for dinner, what kind of car to buy, even what to wear,”. Therefore, the retailers are adapting to this by enhancing their kids’ sections. If the children want to shop in the store for their clothes, then there’s a greater chance the parent will also see something they want to buy as well. Identify the type of plan being described in the above lines.




23. India is world’s third largest domestic aviation market. The government plans to make India a hub for financing aircraft purchases and leasing of planes. In order to promote this, the government has announced tax incentives, like tax deductions, for companies setting up business in IFSC for fifteen years. Identify the type of plan being described in the above lines.




24. Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coaching, Vestibule Training, Conference, Lecture Method and Role Playing. Identify the type of plan being described in the above lines.




25. Swatch Ltd. plans to earn a 20% return on its investment in a new project. Identify the type of plan being described in the above lines.




26.  Deepak is striving to earn a profit of 30% in the current financial year. Identify the type of plan being described in the above lines.




27. Name the type of budget which is prepared to determine the net cash position.