CBSE Class 12 Planning Multiple Choice Questions with Answers. MCQ Questions Class 12 Planning with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 12 Planning with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 12 Planning with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 12 Planning with Answers. You can also verify your answers from the provided MCQ Class 12 Planning with Answers. So, ace up your preparation with MCQ of Class 12 Business Studies Examinations.
MCQ Questions Class 12 Planning with Answers - Set - 4
Question 1:Â
Planning is actually worth the huge costs involved. Do you agree?
(a) Yes
(b) No
(c) Maybe
(d) Not sure
Correct Answer – (A)
Question 2:Â
Amit is a CEO of the bookmybus.com. here planning is mainly done by top management. He did not involve middle level and operational level in the strategy and policies formulation and even they can’t act on their own. The limitation of planning mentioned here is_____
(a) Planning may not guarantee success
(b) Planning may not work in a dynamic environment
(c) Planning involves huge cost
(d) Planning reduces creativity
Correct Answer – (D)
Question 3:Â
Planning is:
(a) Flexible
(b) Stable
(c) Rigid
(d) None of these
Correct Answer – (A)
Question 4:Â
Sales forecasting is the basis on which a business firm prepares its annual plan for production and sales which features of planning is highlighted in the above case?
(a) Planning focuses on achieving objectives
(b) Planning is continuous
(c) Planning is the primary function of management
(d) Planning is futuristic
Correct Answer – (D)
Question 5:Â
At what managerial level planning is needed?
(a) Top level
(b) Middle level
(c) Lower level
(d) All the levels
Correct Answer – (D)
MCQ Questions Class 12 Planning With Answers
Question 6:Â
ABC Ltd. is a reputed company. They had devoted a lot of time and money to its plan. Identify the limitation of planning mentioned here.
(a) Planning may not guarantee success
(b) Planning may not work in a dynamic environment
(c) Planning involves huge cost
(d) Planning is a time-consuming process
Correct Answer – (D)
Question 7:Â
Which of the following is not the benefit of planning?
(a) Planning reduces overlapping and wasteful activities.
(b) Planning is a mental exercise.
(c) Planning provides directions.
(d) Planning reduces the risks of uncertainty.
Correct Answer – (B)
Question 8:Â
Planning cannot foresee everything in future, and thus, there may be obstacles to effective planning. Identify the limitation of planning.
(a) Planning leads to rigidity.
(b) Planning may not work in a dynamic environment.
(c) Planning does not guarantee success.
(d) Planning reduces creativity.
Correct Answer – (B)
Question 9:Â
Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.
(a) Directing
(b) Organising
(c) Planning
(d) Staffing
Correct Answer – (C)
Question 10:Â
The manager Mr. Rehman strictly adheres to the plan that lays down maximum of 10% discount to be offered to customer on salt of goods. But Mr. Rehman could not provide a 10.5% discount on a large order to an old customer Mr. ‘Ram when he demanded a discount. The firm lost the large order and hence incurred losses. Which limitation of planning is reflected here ? How can this limitation be overcome?
(a) Planning is rigid
(b) Planning does not work in dynamic environment
(c) Planning reduces creativity
(d) Planning involves huge cost.
