CUET Business Studies: Business StudiesPlanning. Free, no login required.

The following are the steps in the process of Planning:

(A) Weighing the pros and cons of each alternative.

(B) Identifying alternative courses of action.

(C) Putting the plan into action.

(D) Monitoring the plans is to ensure that objectives are achieved.

Choose the correct answer from the options given below:

"It is a type of plan which quantifies future facts and figures." Identify:

Which among the following is not a feature of Planning?

"Managers have a tendency to rely on previously tried and tested successful plans." This statement is related to:

Arrange the following steps in the planning process in reverse sequence

A. Implementing the plan

B. Selecting an alternative

C. Evaluating alternative courses

D. Developing premises

Choose the correct answer from the options given below:

Which of the following is not considered as a standing plan?

Single use plans are:

A. Budgets

B. Programmes

C. Procedures

D. Projects

Choose the correct answer from the options given below:

Identify the correct sequence of the Planning Process:

A. Developing premises

B. Selecting an alternative

C. Implementing the plan

D. Setting objectives

Choose the correct answer from the options given below:

The limitation of planning doesn't include:

_______ are specific statements that inform what is to be done. They do not allow for any flexibility or discretion.

Arrange the following steps of planning process in a logical sequence:

(A) The best plan has to be adopted and implemented.

(B) The manager is required to make certain assumptions about the future.

(C) Monitoring the plans is equally important to ensure that objectives are achieved.

(D) Objectives may be set for the entire organisation and each department or units within the organisation.

Choose the correct answer from the options given below:

What are the main points of importance of planning ?

(A) It provides benefits of specialisation.

(B) It helps in obtaining competent personnel.

(C) It promotes innovative ideas.

(D) It establishes standards for controlling.

Choose the correct answer from the options given below:

Which of the following type of plan provides specific statements that inform what is to be done?

Arrange the following steps of the planning process in correct order:

(A) Developing Premises

(B) Selecting an alternative

(C) Follow-up action

(D) Implementing the plan

Choose the correct answer from the options given below:

Which of the following is a single-use plan?

____________ are general statements that guide thinking or channelise energies towards a particular direction.

Identify the logical steps involved in planning process which every manager has to follow

A. Objectives may be set for the entire organisation and each department

B. The best plan has to be adopted and implemented.

C. Put the plan into action.

D. The manager is required to make certain assumptions about the future

Choose the correct answer from the options given below:

Which of the following is not a Limitation of Planning?

________ is usually developed once but is modified from time to time to meet business needs as required.

The following features throw light on nature and scope of Planning.

A. It focuses on achieving objectives.

B. It is done at the initial stage of setting up business only.

C. It is futuristic.

D. It is a physical exercise.

Choose the correct answer from the options given below:

"Planning cannot foresee everything and thus, there may be obstacles to effective planning", is an explanation for:

Identify, which of the following is not a limitation of planning:

"Planning is concerned with the future, which is uncertain, and every planner is using conjecture about what might happen in the future. Therefore, the manager is required to make certain assumptions about the future".

In the above statement, the assumptions can be referred to as:

Arrange the following steps of the planning process in correct order:

A. Selecting an alternative

B. Setting objectives and developing premises

C. Evaluating alternative courses of action

D. Implementing the plan

Choose the correct answer from the options given below:

"Planning is an activity which is done by the top management. Usually, the rest of the members just implement these plans."

The limitation of Planning stated above is related to:

Arrange the steps in the planning process in a logical sequence

(A) Follow-up action

(B) Setting objectives

(C) Selecting an alternative

(D) Developing premises

Choose the correct answer from the options given below:

"They define the future state of affairs which the organization strives to realize and serve as guide for overall business planning."

_______________ is the type of plan referred here.

Arrange the following steps of Planning process in order:

(A) Planning is concerned with the future which is uncertain and every planner is using conjecture about what might happen in future.

(B) An innovative course may be adopted by involving more people and sharing their ideas. If the project is important, then more alternatives should be generated and thoroughly discussed amongst the members of the organisation.

(C) Monitoring the plans is equally important to ensure that objectives are achieved.

(D) Every organization must have certain objectives. Objectives may be set for the entire organisation and each department or unit within the organisation.

Choose the correct answer from the options given below:

A standing plan is usually developed once but is modified from time to time to meet business needs as required.

Which of the following is a standing plan?

"In an organisation, a well-defined plan is drawn up with specific goals to be achieved within a specific time frame. These plans then decide the future course of action and managers may not be in a position to change it. Following a pre-decided plan, when circumstances have changed, it may not turn out to be in the organisations interest".

The above statement reflects which limitation of planning?