Class 12 Planning CBSE Questions & Answers

Class 12 · Planning

This is Business Studies class 12 Planning CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
The first step of planning is _____________
  • A
    Follow up action
  • B
    Implementing the plan
  • C
    Selecting an alternative
  • D
    Setting objectives
    Correct
2
What is the last step in planning process?
  • A
    Developing premises
  • B
    None of these
  • C
    Follow up action
    Correct
  • D
    Setting objectives
3
Planning seeks to bridge the gap between ______
  • A
    Present and Future position
    Correct
  • B
    Past and Future position
  • C
    Past and present position
  • D
    None of these
4
Planning is concerned with ______________
  • A
    Looking old records
  • B
    Looking new records
  • C
    Looking back
  • D
    Looking forward
    Correct
5
Which of the following is not correct?
  • A
    Planning reduces the profitability
    Correct
  • B
    Planning is continuous process
  • C
    Planning is futuristic
  • D
    Planning focuses on achieving objectives
6
Planning is a _______________
  • A
    Useless Function
  • B
    Mental Exercise
    Correct
  • C
    One time process
  • D
    Obsolete Concept
7
Planning helps in reducing the _______________
  • A
    Memory
  • B
    Risk of uncertainty
    Correct
  • C
    Decision making
  • D
    Direction for action
8
Which one of the following is a limitation of planning?
  • A
    Planning reduces risk of uncertainty
  • B
    Planning provides directions
  • C
    Planning helps in decision making
  • D
    Planning leads to rigidity
    Correct
9
Single use plans are designed only ____________
  • A
    To meet the demand of specific situations
    Correct
  • B
    To use two times
  • C
    To achieve the objectives
  • D
    for an indefinite period
10
If a firm has decided to sell its product on cash basis only, it is part of firm?s _________
  • A
    Policy
    Correct
  • B
    Procedure
  • C
    Method
  • D
    Objectives
11
No fine or penalty for violation is charged under____
  • A
    Rule
  • B
    Law
  • C
    None of these
  • D
    Method
    Correct
12
Programmes are ________________
  • A
    Detailed Statements
    Correct
  • B
    Policies
  • C
    Not Detailed Statement
  • D
    Rules
13
Actual performance can be compared with standard performance through _________
  • A
    Budget
    Correct
  • B
    Programme
  • C
    None of these
  • D
    Staffing
14
There are two types of plans ____________
  • A
    Traditional Plan and Modern Plan
  • B
    Single use plan and Standing plan
    Correct
  • C
    Short term and Medium term plan
  • D
    Single use and Double use plan
15
Plans can be implemented after the _______________
  • A
    Setting objectives
  • B
    Developing premises
  • C
    Follow up action
  • D
    Selecting an alternative
    Correct