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Class 12 Planning worksheet
CBSE Business Studies. Features, importance and limitations of planning, the planning process, and objectives, strategies, policies, procedures, methods, rules, programmes and budgets. Every sheet has 20 questions in three sections and an answer key, and the numbers change every time.
Sample questions
Real questions from this chapter, as the app sets them. Tap Answer to see the answer and working.
Section A · multiple choice
- 1.
Planning is the first function of management. This shows that it is a:
- continuous function
- mental exercise
- pervasive function
- primary function
Answer
(d) primary function
- 2.
Sales of 20,000 units are expected in the next quarter. Which type of plan is this?
- budget
- strategy
- method
- rule
Answer
(a) budget
- 3.
So much time is spent planning that the chance to act is lost. Which limitation of planning does this show? Planning:
- may not work in a dynamic environment
- involves huge costs
- leads to rigidity
- is time consuming
Answer
(d) is time consuming
Section B · short answer
- 4.
What is planning?
Answer
Deciding in advance what to do and how to do it.
- 5.
Name the type of plan in each case. (a) The firm expects to spend ₹40 lakh on advertising next year. (b) The company wants to earn a 15% return on investment.
Answer
(a) budget (b) objective
Section C · long answer
- 6.
Explain the importance of planning.
Answer
It provides direction, reduces risks of uncertainty, reduces overlapping and wasteful activities, promotes innovative ideas, facilitates decision making, and establishes standards for controlling.
Fresh sheets for your child
In the app, every Planning sheet is new: the app remembers the questions your child has already had and leaves them out. Print the sheet as a PDF, or use notebook mode and write the answers in a notebook.
Coming soon for Android and iPhone.