Q1:
3 June Shift 2
Business Studies > Planning
Easy
Identify the type of plan which provides the manner in which a task has to be performed considering the objective.
Correct Answer
Option 1
Correct Answer
CUET Business Studies Business Studies > Planning PYQs
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Q2:
3 June Shift 2
Business Studies > Planning
Easy
Which function of management is considered as the "thinking function"?
Correct Answer
Option 1
Correct Answer
Q3:
3 June Shift 2
Business Studies > Planning
Medium
Since planning is an activity, there are certain logical steps for every manager to follow. Identify the correct sequence from the options given below: <ol type='A'> <li>Selecting an alternative: This is the real point of decision-making.</li> <li>Evaluating alternative courses: The next step is to weigh the pros and cons of each alternative. The best plan has to be adopted and implemented.</li> <li>Follow-up action: Monitoring the plans is equally important to ensure that objectives are achieved.</li> <li>Implement the plan: This is concerned with putting the plan into action.</li> </ol> Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q4:
3 June Shift 2
Business Studies > Planning
Easy
Procedures are steps to be carried out within a broad ________ framework.
Correct Answer
Option 1
Correct Answer
Q5:
3 June Shift 1
Business Studies > Planning
Easy
Which of the following is related to the benefits of Planning? (A) Planning provides directions (B) Planning ensures certainty (C) Planning establishes standards for controlling (D) Planning facilitates decision making Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q6:
3 June Shift 1
Business Studies > Planning
Easy
Which of the following is NOT related to the types of plan?
Correct Answer
Option 4
Correct Answer
Q7:
3 June Shift 1
Business Studies > Planning
Easy
Which of the following is NOT a limitation of planning?
Correct Answer
Option 1
Correct Answer
Q8:
3 June Shift 1
Business Studies > Planning
Medium
Arrange the following steps of the planning process in proper order. (A) Evaluating alternatives (B) Setting objectives (C) Developing premises (D) Identifying alternatives Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q9:
2 June Shift 2
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | Type of Plan | Description | | (A) Strategy | (I) It is a statement of expected results expressed in numerical terms. | | (B) Policy | (II) It is a general statement that guides thinking or channelizes energies. | | (C) Rule | (III) It provides the broad contours of an organisation's business. | | (D) Budget | (IV) It is a specific statement that tells what is to be done. | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q10:
2 June Shift 2
Business Studies > Planning
Easy
Which of the following are the types of plan? (A) Rule (B) Policy (C) Strategy (D) Vision Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q11:
2 June Shift 2
Business Studies > Planning
Easy
Which of the following is NOT a step of the process of planning?
Correct Answer
Option 4
Correct Answer
Q12:
2 June Shift 2
Business Studies > Planning
Medium
Which among the following is NOT related with the benefits of planning?
Correct Answer
Option 2
Correct Answer
Q13:
31 May Shift 1
Business Studies > Planning
Medium
Which of the following is NOT a feature of planning?
Correct Answer
Option 2
Correct Answer
Q14:
31 May Shift 1
Business Studies > Planning
Easy
In order to cope with the competitors, market leader Maruti adopted new technologies for manufacturing their recent models. Which type of plan is highlighted in the above statement?
Correct Answer
Option 2
Correct Answer
Q15:
31 May Shift 1
Business Studies > Planning
Easy
Arrange the following steps of the planning process in the correct sequence: <br/><br/>(A) Objective setting <br/>(B) Alternative identification <br/>(C) Alternative evaluation <br/>(D) Alternative selection <br/><br/>Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q16:
31 May Shift 1
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | Types of plan | Meaning | | (A) Objectives | (I) Specific statements that inform what is to be done. | | (B) Policy | (II) Broad contours of an organization's business. | | (C) Strategies | (III) Ends that the management seeks to achieve. | | (D) Rule | (IV) Provides a basis for interpreting the strategy. | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q17:
31 May Shift 1
Business Studies > Planning
Medium
Which of the following is/are not single-use plans? (A) Budgets (B) Rules (C) Programmes (D) Projects Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q18:
30 May Shift 2
Business Studies > Planning
Easy
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
Identify the type of plan not highlighted in the case.
Correct Answer
Option 2
Correct Answer
Q19:
30 May Shift 2
Business Studies > Planning
Easy
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
What is the primary focus of GreenTech's strategic plan?
Correct Answer
Option 2
Correct Answer
Q20:
30 May Shift 2
Business Studies > Planning
Easy
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
"The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery". Identify the type of plan highlighted in these lines.
Correct Answer
Option 3
Correct Answer
Q21:
30 May Shift 2
Business Studies > Planning
Easy
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
What does the operational plan address?
Correct Answer
Option 1
Correct Answer
Q22:
30 May Shift 2
Business Studies > Planning
Easy
Planning at GreenTech Solutions
GreenTech Solutions, a renewable energy startup, wanted to expand its operations into the solar panel market. To achieve this, the management developed a structured planning process using different types of plans.
The company set a five-year goal to become the top solar panel provider in the region. This included a mission to promote sustainable energy and reduce carbon footprints.
To support the strategic goal, the company devised a plan to establish partnerships with suppliers and secure contracts with government and private organizations for solar installations.
The production team outlined daily and weekly targets for manufacturing solar panels, ensuring quality control and timely delivery. The management prepared for potential risks like raw material shortages by securing multiple suppliers and maintaining a reserve inventory.
A detailed budget was created, allocating resources for manufacturing, marketing, and R&D to ensure cost efficiency.
By aligning all types of plans, GreenTech Solutions successfully launched its solar panels, captured a significant market share, and established itself as a leader in the renewable energy sector within three years.
What was the result of the planning process?
Correct Answer
Option 3
Correct Answer
Q23:
30 May Shift 1
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | ------------- | -------------------------------------------------------------------------------------- | | (A) Objective | (I) The first step in planning. | | (B) Policy | (II) It provides a basis for interpreting strategy. | | (C) Rule | (III) It includes the entire gamut of activities as well as the organisation’s policy. | | (D) Programme | (IV) A specific statement that informs what is to be done. | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q24:
30 May Shift 1
Business Studies > Planning
Medium
Arrange the following steps involved in the Planning Process in proper order. <ol type="A"> <li>Make certain assumptions about the future.</li> <li>Identify all alternative courses of action</li> <li>Decide what the organization is set to achieve</li> <li>Adopt the best alternative</li> </ol> Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q25:
30 May Shift 1
Business Studies > Planning
Easy
_______ seeks to bridge the gap between where we are and where we want to go.
Correct Answer
Option 2
Correct Answer
Q26:
29 May Shift 2
Business Studies > Planning
Medium
A strategy (comprehensive plan) includes which of the following dimensions? (A) Determining long term objectives (B) Determining short term objectives (C) Adopting a particular course of action (D) Allocating resources necessary to achieve the objective Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q27:
29 May Shift 2
Business Studies > Planning
Easy
Arrange the following steps of Planning Process in the correct sequence: (A) Setting Objectives (B) Identifying alternative courses of action (C) Selecting an alternative (D) Evaluating alternative courses Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q28:
29 May Shift 2
Business Studies > Planning
Easy
An expected statement of expenses, revenue and income for a specified period is known as:
Correct Answer
Option 2
Correct Answer
Q29:
29 May Shift 2
Business Studies > Planning
Easy
"Most of the time, employees do not even attempt to formulate plans". Which limitation of Planning is indicated by the given statement ?
Correct Answer
Option 3
Correct Answer
Q30:
27 May Shift 2
Business Studies > Planning
Medium
Match List-I with List-II | List-I | List-II | | --- | --- | | Types of Plan | Explanation | | (A) Policy | (I) Provide the prescribed ways or manner in which a task has to be performed | | (B) Rules | (II) It is a plan which quantifies future activities | | (C) Methods | (III) General statements that guide thinking or channelize energy towards a particular direction. | | (D) Budget | (IV) Specific statements that inform what is to be done. | Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q31:
27 May Shift 2
Business Studies > Planning
Easy
Which function of management is considered as the "thinking function"?
Correct Answer
Option 1
Correct Answer
Q32:
27 May Shift 2
Business Studies > Planning
Easy
Setting objectives for a given time period, formulating various courses of action to achieve them, and then selecting the best possible alternative from among the various courses of action available is known as:
Correct Answer
Option 3
Correct Answer
Q33:
27 May Shift 2
Business Studies > Planning
Easy
Which of the following is a comprehensive plan for accomplishing organizational objectives?
Correct Answer
Option 2
Correct Answer
Q34:
27 May Shift 2
Business Studies > Planning
Medium
Arrange the following steps of the planning process adopted by XYZ Ltd. in the correct sequence. (A) XYZ Ltd. has decided to increase their sales by 20% in the financial year 2025-26. (B) After carefully considering the alternatives, they have decided to try selling their products through e-commerce websites. (C) After registering with the e-commerce websites, the plan will become operational. (D) XYZ Ltd. has identified three options: increase in price, use of social media influencers for promotion and selling through e-commerce websites. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q35:
26 May Shift 2
Business Studies > Planning
Easy
___________ bridges the gap from where we are, to where we want to go by deciding in advance what to do, when to do, and who is to do it.
Correct Answer
Option 3
Correct Answer
Q36:
26 May Shift 2
Business Studies > Planning
Easy
Which of the following are the importance of Planning? (A) Planning provides direction (B) Planning reduces overlapping and wasteful activities (C) Planning promotes innovative ideas (D) Planning reduces the risk of certainty Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q37:
26 May Shift 2
Business Studies > Planning
Easy
Which type of plan is a combination of objectives, policies, procedure, rules etc?
Correct Answer
Option 2
Correct Answer
Q38:
24 May Shift 1
Business Studies > Planning
Medium
Identify the correct statements in the context of the planning. (A) Planning will be a futile exercise if it is not acted upon or implemented. (B) Planning implies a process which coordinates human efforts and assembles resources. (C) Planning is closely connected with creativity and innovation. (D) Planning is what managers at all levels do. Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q39:
24 May Shift 1
Business Studies > Planning
Easy
“Planning requires logical and systematic thinking rather than guess work or wishful thinking”. Identify the feature of planning highlighted in the aforesaid statement.
Correct Answer
Option 3
Correct Answer
Q40:
24 May Shift 1
Business Studies > Planning
Easy
Identify the type of plan which provides the prescribed ways or manner in which a task has to be performed considering the objective.
Correct Answer
Option 3
Correct Answer
Q41:
24 May Shift 1
Business Studies > Planning
Easy
Arrange the following steps of the planning process in a logical sequence. (A) Establishing Objectives (B) Developing premises (C) Evaluation of Alternatives (D) Selecting a Course of Action Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q42:
22 May Shift 2
Business Studies > Planning
Medium
"Following a pre-decided plan, when circumstances have changed, may not turn out to be in the organisations interest." Identify the limitation of planning highlighted in the aforesaid statement.
Correct Answer
Option 3
Correct Answer
Q43:
22 May Shift 2
Business Studies > Planning
Easy
A statement of expected results expressed in numerical term which quantifies future facts and figures represent which type of plan?
Correct Answer
Option 3
Correct Answer
Q44:
22 May Shift 2
Business Studies > Planning
Medium
Match List-I with List-II | List-I | List-II | | --- | --- | | (Type of Plan) | (Aspect of Plan) | | (A) Objectives | (I) The desired future position that the management would like to achieve | | (B) Strategy | (II) The general statement that guides thinking | | (C) Policy | (III) The broad contours of an organisation's business | | (D) Procedures | (IV) Routine steps on how to carry out activities | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q45:
22 May Shift 1
Business Studies > Planning
Easy
Which of the following is not a standing plan?
Correct Answer
Option 3
Correct Answer
Q46:
22 May Shift 1
Business Studies > Planning
Medium
Which of the following are the limitations of Planning? (A) Planning leads to rigidity (B) Planning reduces creativity (C) Planning involves huge costs (D) Planning does not work in a dynamic environment Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q47:
21 May Shift 1
Business Studies > Planning
Medium
Choose the correct order for the planning process. (A) Developing premises (B) Selecting an alternative (C) Setting objectives (D) Identifying and evaluating the alternatives Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q48:
21 May Shift 1
Business Studies > Planning
Easy
The function of management that requires taking decisions since it involves making a choice from alternative courses of action is known as:
Correct Answer
Option 1
Correct Answer
Q49:
21 May Shift 1
Business Studies > Planning
Easy
Identify the potential limitations of Planning: (A) It increases the creativity. (B) Managers have poor planning knowledge and skills. (C) Sometimes plans to be drawn up take too much time. (D) The costs incurred sometimes may not justify the benefits derived from the plans. Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q50:
16 May Shift 1
Business Studies > Planning
Easy
Which of the following is not a feature of Planning?
Correct Answer
Option 3
Correct Answer
Q51:
16 May Shift 1
Business Studies > Planning
Easy
____________ is usually developed once but is modified from time to time to meet business needs as required.
Correct Answer
Option 1
Correct Answer
Q52:
16 May Shift 1
Business Studies > Planning
Easy
______ lays down the course of action selected to guide and determine present and future decisions.
Correct Answer
Option 2
Correct Answer
Q53:
16 May Shift 1
Business Studies > Planning
Easy
Choose the correct order of planning process. (A) Developing Premises (B) Evaluating alternative courses (C) Identifying alternative courses of action (D) Implementing the plan Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q54:
15 May Shift 2
Business Studies > Planning
Easy
The ends which the management seeks to achieve by its operations are:
Correct Answer
Option 2
Correct Answer
Q55:
15 May Shift 2
Business Studies > Planning
Easy
Identify the correct sequence of steps in the Planning Process: (A) Evaluating alternative courses (B) Implementing the plan (C) Selecting an alternative (D) Follow-up action Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q56:
15 May Shift 2
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | (Indicative explanation) | (Features and importance of planning) | | (A) Involves looking ahead | (I) Reduces the risk of uncertainty | | (B) Anticipate changes | (II) Mental exercise | | (C) Activity of thinking rather than doing | (III) Futuristic | | (D) Encourages new ideas | (IV) Innovative | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q57:
15 May Shift 2
Business Studies > Planning
Easy
The Limitations of Planning are: (A) It reduces creativity (B) It works in a dynamic environment. (C) It involves huge costs (D) It is time-consuming Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q58:
15 May Shift 1
Business Studies > Planning
Easy
In business, a manager is required to make certain assumptions about the future regarding a particular product, demand of that product, tax rates etc. This is called:
Correct Answer
Option 1
Correct Answer
Q59:
15 May Shift 1
Business Studies > Planning
Easy
Which of the following is a characteristic of planning?
Correct Answer
Option 3
Correct Answer
Q60:
15 May Shift 1
Business Studies > Planning
Medium
Rita has been promoted as the planning head and the company is planning to launch a new product. What will be the correct sequence of the steps in the planning of the new product?
Correct Answer
Option 1
Correct Answer
Q61:
15 May Shift 1
Business Studies > Planning
Medium
Match List-I with List-II | Items | Description | |--------------|------------------------------------------------------------------------------------------------------| | (A) Budget | (I) Future decisions defining the organisation's direction and scope to acquire a dominant position. | | (B) Procedure | (II) A control device from which deviations can be taken care of. | | (C) Policy | (III) Routine steps in chronological order. | | (D) Strategy | (IV) Guide to managerial actions and decisions in the implementation of a business strategy. | Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q62:
14 May Shift 2
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | Types of plan | Description | | (A) Policies | (I) General statement or understanding that guides thinking in decision-making. | | (B) Rules | (II) Detailed statement about a project. | | (C) Procedures | (III) Pre-determined decision which has to be applied in special circumstances. | | (D) Programme | (IV) Exact way of doing work | Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q63:
14 May Shift 2
Business Studies > Planning
Medium
In the context of the types of plan, identify the correct statement.
Correct Answer
Option 1
Correct Answer
Q64:
14 May Shift 2
Business Studies > Planning
Easy
"A manager starts planning before the work begins and when work is accomplished, planning for the other work starts". Identify the feature of planning reflected by the given statement.
Correct Answer
Option 3
Correct Answer
Q65:
14 May Shift 1
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | Decision | Factor affecting the decision | | (A) Detailed Statement | (I) Method | | (B) Prescribed Way | (II) Rule | | (C) What is to be done? | (III) Programme | | (D) Routine steps | (IV) Procedure | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q66:
14 May Shift 1
Business Studies > Planning
Easy
_______involves setting objectives and developing appropriate courses of action to achieve these objectives.
Correct Answer
Option 3
Correct Answer
Q67:
13 May Shift 2
Business Studies > Planning
Easy
Arrange the following steps of a company's planning process in the correct sequence. (A) Develop premises (B) Set objectives (C) Select an alternative (D) Implement the plan Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q68:
13 May Shift 2
Business Studies > Planning
Easy
Since the future cannot be predicted with absolute accuracy, ___________ premises may not be fully reliable.
Correct Answer
Option 2
Correct Answer
Q69:
13 May Shift 2
Business Studies > Planning
Easy
A ______ is general statement that guides thinking or channelizes energies towards a particular direction.
Correct Answer
Option 3
Correct Answer
Q70:
13 May Shift 2
Business Studies > Planning
Medium
Which of the following are important features of the 'Budget'? (A) The budget is a single-use plan containing expected results in theoretical terms only. (B) Budgets may be expressed in terms of time, materials or other suitable units capable of numerical expression. (C) The budget is a plan which quantifies future facts and figures. (D) The budget projects the expected revenues and expenses for a given period. Choose the correct answer from the options given below:
Correct Answer
Option 1
Correct Answer
Q71:
13 May Shift 2
Business Studies > Planning
Easy
Which of the following is the feature of planning?
Correct Answer
Option 1
Correct Answer
Q72:
13 May Shift 1
Business Studies > Planning
Easy
_______ involves setting objectives, developing appropriate courses of action and providing a rational approach to achieve these objectives.
Correct Answer
Option 1
Correct Answer
Q73:
13 May Shift 1
Business Studies > Planning
Easy
Which of the following states that a specific and definite action is to be taken or not to be taken?
Correct Answer
Option 1
Correct Answer
Q74:
13 May Shift 1
Business Studies > Planning
Easy
Arrange the following steps of planning process in a logical sequence (A) Making certain assumptions about the future (B) Selecting the best possible and viable alternative (C) Weighing the pros and cons of each alternative (D) Monitoring the plan to ensure that objectives are achieved Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q75:
13 May Shift 1
Business Studies > Planning
Easy
Planning is an important function of management which involves defining the following: (A) Setting objectives (B) Deciding on plans, actions and strategies to achieve organisational goals (C) Allocating and arranging resources (D) Motivating and inspiring people to perform better Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q76:
13 May Shift 1
Business Studies > Planning
Easy
Match List-I with List-II | List-I | List-II | | --- | --- | | (A) Strategy | (I) Prescribed way of doing a task | | (B) Method | (II) Detailed statements about a project | | (C) Programme | (III) Exact manner in which a particular activity is to be done | | (D) Procedure | (IV) Comprehensive plan for accomplishing objectives | Choose the correct answer from the options given below:
Correct Answer
Option 3
Correct Answer
Q77:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
(A) Setting objectives
(B) Identifying alternative courses of action
(C) Developing premises
(D) Evaluating alternative courses of action
Identify the correct sequence of steps under the Planning function
Correct Answer
Option 2
Correct Answer
Q78:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
<b>A Maharatna Company, Indian Oil</b>
<p>
Indian Oil is India's largest commercial organisation. It is the top ranked Indian company in the Fortune 'Global 500' listings (2017). Indian Oil's vision is driven by a group of dynamic leaders, who have made it a name to reckon with. With an over 34,000 strong workforce, a Maharatna Company, Indian Oil has been helping to meet India's energy demands and reaching petroleum products in every part of India for over five decades.
</p>
<ol>
<li>It plans to increase its business operations all around the world.</li>
<li>The company plans to invest ₹ 20,000 crore in 2017 – 18 acquisitions and plans to expand overseas. The company is always believed to be ahead of the demand. Last year too, IOC had invested close to ₹ 20,000 crore, including around ₹ 16,000 crore in various Indian projects and an acquisition for upstream in Russia.</li>
<li>The company believed that if the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.</li>
<li>Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed. Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals.</li>
<li>It helps in avoiding confusion and misunderstanding. Manager can look into the future and make a choice from amongst various alternative courses of action.</li>
</ol>
Identify the function of management highlighted in the above case.
Correct Answer
Option 4
Correct Answer
Q79:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
<b>A Maharatna Company, Indian Oil</b>
<p>
Indian Oil is India's largest commercial organisation. It is the top ranked Indian company in the Fortune 'Global 500' listings (2017). Indian Oil's vision is driven by a group of dynamic leaders, who have made it a name to reckon with. With an over 34,000 strong workforce, a Maharatna Company, Indian Oil has been helping to meet India's energy demands and reaching petroleum products in every part of India for over five decades.
</p>
<ol>
<li>It plans to increase its business operations all around the world.</li>
<li>The company plans to invest ₹ 20,000 crore in 2017 – 18 acquisitions and plans to expand overseas. The company is always believed to be ahead of the demand. Last year too, IOC had invested close to ₹ 20,000 crore, including around ₹ 16,000 crore in various Indian projects and an acquisition for upstream in Russia.</li>
<li>The company believed that if the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.</li>
<li>Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed. Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals.</li>
<li>It helps in avoiding confusion and misunderstanding. Manager can look into the future and make a choice from amongst various alternative courses of action.</li>
</ol>
If the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.' Identify the significance of managerial function highlighted in this statement.
Correct Answer
Option 4
Correct Answer
Q80:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
<b>A Maharatna Company, Indian Oil</b>
<p>
Indian Oil is India's largest commercial organisation. It is the top ranked Indian company in the Fortune 'Global 500' listings (2017). Indian Oil's vision is driven by a group of dynamic leaders, who have made it a name to reckon with. With an over 34,000 strong workforce, a Maharatna Company, Indian Oil has been helping to meet India's energy demands and reaching petroleum products in every part of India for over five decades.
</p>
<ol>
<li>It plans to increase its business operations all around the world.</li>
<li>The company plans to invest ₹ 20,000 crore in 2017 – 18 acquisitions and plans to expand overseas. The company is always believed to be ahead of the demand. Last year too, IOC had invested close to ₹ 20,000 crore, including around ₹ 16,000 crore in various Indian projects and an acquisition for upstream in Russia.</li>
<li>The company believed that if the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.</li>
<li>Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed. Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals.</li>
<li>It helps in avoiding confusion and misunderstanding. Manager can look into the future and make a choice from amongst various alternative courses of action.</li>
</ol>
Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed.' Identify the significance of managerial function highlighted in this statement.
Correct Answer
Option 2
Correct Answer
Q81:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
<b>A Maharatna Company, Indian Oil</b>
<p>
Indian Oil is India's largest commercial organisation. It is the top ranked Indian company in the Fortune 'Global 500' listings (2017). Indian Oil's vision is driven by a group of dynamic leaders, who have made it a name to reckon with. With an over 34,000 strong workforce, a Maharatna Company, Indian Oil has been helping to meet India's energy demands and reaching petroleum products in every part of India for over five decades.
</p>
<ol>
<li>It plans to increase its business operations all around the world.</li>
<li>The company plans to invest ₹ 20,000 crore in 2017 – 18 acquisitions and plans to expand overseas. The company is always believed to be ahead of the demand. Last year too, IOC had invested close to ₹ 20,000 crore, including around ₹ 16,000 crore in various Indian projects and an acquisition for upstream in Russia.</li>
<li>The company believed that if the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.</li>
<li>Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed. Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals.</li>
<li>It helps in avoiding confusion and misunderstanding. Manager can look into the future and make a choice from amongst various alternative courses of action.</li>
</ol>
Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals. It helps in avoiding confusion and misunderstanding.' Identify the significance of managerial function highlighted in this statement.
Correct Answer
Option 4
Correct Answer
Q82:
CUET Business Studies 2024 Slot 1
Business Studies > Planning
Medium
<b>A Maharatna Company, Indian Oil</b>
<p>
Indian Oil is India's largest commercial organisation. It is the top ranked Indian company in the Fortune 'Global 500' listings (2017). Indian Oil's vision is driven by a group of dynamic leaders, who have made it a name to reckon with. With an over 34,000 strong workforce, a Maharatna Company, Indian Oil has been helping to meet India's energy demands and reaching petroleum products in every part of India for over five decades.
</p>
<ol>
<li>It plans to increase its business operations all around the world.</li>
<li>The company plans to invest ₹ 20,000 crore in 2017 – 18 acquisitions and plans to expand overseas. The company is always believed to be ahead of the demand. Last year too, IOC had invested close to ₹ 20,000 crore, including around ₹ 16,000 crore in various Indian projects and an acquisition for upstream in Russia.</li>
<li>The company believed that if the goals are well defined, employees are aware of what the organisation has to do and what they must do to achieve those goals.</li>
<li>Changes or events cannot be eliminated, but they can be anticipated and managerial responses to them can be developed. Policy formation serves as the basis of coordinating the activities and efforts of different divisions, departments and individuals.</li>
<li>It helps in avoiding confusion and misunderstanding. Manager can look into the future and make a choice from amongst various alternative courses of action.</li>
</ol>
Manager can look into the future and make a choice from amongst various alternative courses of action.' Identify the significance of managerial function highlighted in this statement.
Correct Answer
Option 4
Correct Answer
Q83:
22 June Shift 1
Business Studies > Planning
Medium
Zicon Ltd. has recently set a target of becoming market leader in sale of smart TV. Arrange the steps in the process of planning which will follow after setting of targets : A. Identifying alternative courses of action B. Implementing the plan C. Evaluating alternative courses D. Selecting an alternative E. Developing premises Choose the correct answer from the options given below :
Correct Answer
Option 1
Correct Answer
Q84:
22 June Shift 1
Business Studies > Planning
Easy
"Planning is an Activity which enables a manager to look ahead and anticipate changes." Identify the point of Importance of Planning.
Correct Answer
Option 1
Correct Answer
Q85:
22 June Shift 1
Business Studies > Planning
Medium
Match List I with List II | LIST I | LIST II | |---|---| | A. Objectives | I. General Statements | | B. Strategy | II. Routine steps | | C. Policy | III. Comprehensive plan | | D. Procedure | IV. End point of planning | Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q86:
11 June Shift 3
Business Studies > Planning
Easy
A comprehensive plan for accomplishing an organisation objectives is known as ________ .
Correct Answer
Option 2
Correct Answer
Q87:
11 June Shift 3
Business Studies > Planning
Easy
These plans are strict, rigid and specific statements that inform what is to be done.
Correct Answer
Option 2
Correct Answer
Q88:
11 June Shift 3
Business Studies > Planning
Easy
"Plans once drawn with specific goals, the managers may not be in position to change it". Which limitation of planning is discussed in the above statement.
Correct Answer
Option 2
Correct Answer
Q89:
28 May Shift 2
Business Studies > Planning
Easy
Which of the following is not a Limitation of Planning ?
Correct Answer
Option 1
Correct Answer
Q90:
28 May Shift 2
Business Studies > Planning
Medium
Arrange the steps of Planning Process in a proper order : (A) Implementation of plan and follow-up action (B) Developing Premises (C) Identification and evaluation of alternative courses of action (D) Setting up of objectives (E) Selecting an alternative Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q91:
28 May Shift 2
Business Studies > Planning
Medium
Match List - I with List - II. | List - I | List - II | |---|---| | (A) Objectives | (I) Specific Statements | | (B) Rules | (II) Routine steps on how to carry out activities | | (C) Procedure | (III) Provide the Broad Contours of business | | (D) Strategy | (IV) Desired Future Position | Choose the correct answer from the options given below :
Correct Answer
Option 3
Correct Answer
Q92:
6 Oct Shift 1
Business Studies > Planning
Medium
Mr. Raj is the MD of the wrist watch company. He has systematically divided the work among all the departments to ensure clarity in thought and action, so that work is carried on smoothly without any interruptions. Identify the importance of planning highlighted in the above case.
Correct Answer
Option 1
Correct Answer
Q93:
6 Oct Shift 1
Business Studies > Planning
Medium
"Planning is decided in advance what to do and how to do". Choose the correct sequence of steps to make the process of planning A. Developing premises B. Follow up action C. Evaluating alternatives D. Identifying alternatives E. Selecting an alternative Choose the correct answer from the option given below:
Correct Answer
Option 1
Correct Answer
Q94:
6 Oct Shift 1
Business Studies > Planning
Medium
Which of the following statements are related to limitations of planning? A. Planning leads to rigidity B. Planning is futuristic C. Planning reduces creativity D. Planning does not guarantee success E. Planning involves decision making Choose the correct answer from the option given below:
Correct Answer
Option 2
Correct Answer
Q95:
30 Aug Shift 1
Business Studies > Planning
Medium
Arrange the process of planning in correct sequence. (a) Setting objectives (b) Identifying alternative course of actions (c) Developing premises (d) Selecting an alternative (e) Evaluating alternative courses Choose the most appropriate answer from the options given below :
Correct Answer
Option 4
Correct Answer
Q96:
30 Aug Shift 1
Business Studies > Planning
Easy
Reena is working in a car manufacturing company. One day she approaches her supervisor to discuss a better procedure of manufacturing the car. But the superior informs her that he is helpless and cannot change the procedure as it is set by the higher level Management. Identify the limitation of planning highlighted here i.e. Planning :
Correct Answer
Option 4
Correct Answer
Q97:
30 Aug Shift 1
Business Studies > Planning
Easy
The purpose of planning is to meet future events effectively to the best advantage of an organisation. Identify the feature of planning highlighted here :
Correct Answer
Option 2
Correct Answer
Q98:
20 Aug Shift 1
Business Studies > Planning
Medium
Arrange the following steps followed during the planning process in a proper sequence. A. Developing premises B. Evaluating alternative courses C. Selecting an alternative D. Setting an Objective E. Identifying alternative courses of action
Correct Answer
Option 3
Correct Answer
Q99:
20 Aug Shift 1
Business Studies > Planning
Medium
Match the List I with List II | List I | List II | |---|---| | A. Managers are not in the position to change plans | I. Planning is a time consuming process | | B. Planning essentially involves looking ahead | II. Planning involves decision making | | C. Planning involves choice from among various alternatives | III. Planning is futuristic | | D. Sometimes plans are to be drawn overboards with time | IV. Planning leads to rigidity |
Correct Answer
Option 4
Correct Answer
Q100:
17 Aug Shift 1
Business Studies > Planning
Medium
Identify the correct sequence of steps involved in the process of planning. A. Ideal plan having least negative consequences to be selected B. Specifying quantitative goals to be achieved by the organization C. Weighing the pros and cons of each alternative course D. Forecasting based on assumptions relating to the future E. Identifying all the alternative courses of action available Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q101:
17 Aug Shift 1
Business Studies > Planning
Medium
Aren has completed his studies and now wants to start his own business. He has undertaken the given steps in the planning process. Rearrange them to create the correct process of planning. A. He has forecasted the demand of his products, interest rate, price of capital goods, tax rate B. Aren decides to produce in bulk to reduce cost of production C. Aren found out that increasing price and reducing quality will reduce his customers, but producing in bulk will increase customers D. Aren sets an objective to earn 20% profit in the first year of business E. To achieve the target, Aren can reduce price of product or reduce quality of raw material or produce in bulk to reduce cost of production. Choose the correct answer from the options given below:
Correct Answer
Option 2
Correct Answer
Q102:
16 July Shift 2
Business Studies > Planning
Medium
Identify the correct sequence of steps involved in the Planning process. A. Identifying alternative B. Selecting an alternative C. Evaluating alternative D. Follow up action E. Implementing the plan Choose the correct answer from the options given below:
Correct Answer
Option 4
Correct Answer
Q103:
16 July Shift 2
Business Studies > Planning
Medium
Identify the step of planning that would also involve organizing for labour and purchase of machinery.
Correct Answer
Option 3
Correct Answer
Q104:
16 July Shift 2
Business Studies > Planning
Medium
Employees of a leading Pharmacy company are instructed to follow the plans made by the top management. No one is allowed to act on their own. Identify the limitation of planning in the above mentioned line.
Correct Answer
Option 2
Correct Answer
Q105:
15 July Shift 2
Business Studies > Planning
Easy
If there is a plan to increase production then more labour and more machinery will be required. This step would also involve organizing for labour and purchase of machinery. Identify this step in the process of planning.
Correct Answer
Option 2
Correct Answer
Q106:
15 July Shift 2
Business Studies > Planning
Easy
From the given options, Identify the statement that best describes planning as a continuous process
Correct Answer
Option 2
Correct Answer
Q107:
15 July Shift 2
Business Studies > Planning
Medium
Amrit Lala, MD of Awasthi Ltd, retired after 33 years of service. The responsibility was given to Amit. Amit realized that there was lot of rivalry, confusion and misunderstanding among departmental heads. He detected inefficiencies, took corrective action and developed a master plan for the organisation to follow. This served as basis for coordinating the activities of all the departments, led to clarity of thought and action and the work got a smooth start. Identify the importance of planning highlighted in the above paragraph.
Correct Answer
Option 2
Correct Answer