Planning MCQ Questions for Class 12 Business Studies Chapter 4 with Answers

We have completed the NCERT/CBSE chapter-wise Multiple Choice Class 12 Business Studies Chapter 4 Planning with Answers by expert subject teacher for latest syllabus and examination. Prepare effectively for the exam taking the help of the Class 12 Business Studies Objective Questions PDF free of cost from here. Students also can take a free test of the Multiple Choice Questions of Planning. Each Questions has four options followed by the right answer. Download the Business Studies Quiz Questions with Answers for Class 12 Pdf and prepare to help students understand the concept very well.

MCQ Questions for Class 12 Business Studies with Answers

Q1. Which of the following is not a feature of planning?

(i) Planning is time-consuming
(ii) Planning is pervasive
(iii) Planning is futuristic
(iv) To achieve objectives

(i) Planning is time-consuming

Q2. Making decisions on the basis of experience, feelings and accumulated judgement is called as

(i) Decision making
(ii) Structured problems
(iii) Intuitive decision making
(iv) None of the above

(iii) Intuitive decision making

Q3. Increasing sale by 15% is

(i) Rule
(ii) Procedure
(iii) Method
(iv) Objective

(iv) Objective

Q4. The basic role of strategy is to provide

(i) setting procedures.
(ii) direction for action
(iii) direction for motivation.
(iv) direction for control

(ii) direction for action

Q5. What is known as the primary function of management?

(i) Controlling
(ii) Organising
(iii) Planning
(iv) Staffing

(iii) Planning

Q6. If a firm has decided to sell its product on a cash basis only, it is part of firms

(i) Procedure
(ii) Policy
(iii) Method
(iv) Objectives

(ii) Policy

Q7. Is a rule of thumb that managers use to simplify decision making.

(i) Sunk costs
(ii) Framing
(iii) Heuristics
(iv) None of the above

(iii) Heuristics

Q8. Plans can be implemented after the

(i) Selecting an alternative
(ii) Setting objectives
(iii) Follow up action
(iv) Developing premises

(i) Selecting an alternative

Q9. Which one of the following plans prescribes chronological steps for performing activities?

(i) Procedure
(ii) Rule
(iii) Policy
(iv) Method

(i) Procedure

Q10. Which of the following is not a feature of planning?

(i) Planning is futuristic
(ii) Planning is pervasive.
(iii) Planning establishes standards for controlling.
(iv) Planning focuses on achieving objectives.

(iii) Planning establishes standards for controlling.

Q11. Planning helps in reducing the

(i) Direction for action
(ii) Decision making
(iii) Memory
(iv) Risk of uncertainty

(iv) Risk of uncertainty

Q12. Which of the following quality a manager must possess to succeed in planning?

(i) Reflective Thinking
(ii) Imagination
(iii) Farsightedness
(iv) All of these

(iv) All of these

Q13. What to do and how to do is concerned with

(i) Controlling
(ii) Organising
(iii) Planning
(iv) None of the above

(iii) Planning

Q14. Decision-making is the case of

(i) Planning
(ii) Organising
(iii) Staffing
(iv) Directing

(i) Planning

Q15. Planning requires logical and systematic thinking rather than guess work or wishful thinking. Identify the related feature of planning.

(i) Planning is futuristi(iii)
(ii) Planning is a mental exercise.
(iii) Planning establishes standards for controlling.
(iv) Planning focuses on achieving objectives.

(ii) Planning is a mental exercise

Q16. Training, lectures and seminars are

(i) Rules
(ii) Procedure
(iii) Strategy
(iv) Method

(iv) Method

Q17. First step in planning process is to

(i) Setting an objectives
(ii) Evaluate alternative
(iii) Determine strength and weakness
(iv) None of the above.

(i) Setting an objectives

Q18. Which of the following is not correct?

(i) Planning is continuous process
(ii) Planning focuses on achieving objectives
(iii) Planning reduces the profitability
(iv) Planning is futuristic

(iii) Planning reduces the profitability

Q19. -is a comprehensive plan for achieving its objectives.

(i) Strategy
(ii) Method
(iii) Rule
(iv) Policy

(i) Strategy

Q20. It is not always true that just because a plan has worked before it will work again. Identify the related limitation of planning.

(i) Planning leads to rigidity.
(ii) Planning reduces creativity.
(iii) Planning may not work in a dynamic environment.
(iv) Planning does not guarantee success.

(iv) Planning does not guarantee success.

Q21. Estimated cash inflows and cash outflows are

(i) Rules
(ii) Budget
(iii) Procedure
(iv) Programme

(ii) Budget

Q22. Which of the following is a limitation of planning?

(i) Planning provides directions
(ii) Planning facilitates decision making
(iii) Planning promotes innovative ideas
(iv) Planning does not guarantee success

(iv) Planning does not guarantee success

Q23. -specifies the end to be achieved

(i) Objective
(ii) Strategy
(iii) Policy
(iv) Method

(i) Objective

Q24. They represent the end point of planning.

(i) Rules
(ii) Methods
(iii) Objectives
(iv) Policies

(iii) Objectives

Q25. Which one of the following is a limitation of planning?

(i) Planning helps in decision making
(ii) Planning leads to rigidity
(iii) Planning reduces the risk of uncertainty
(iv) Planning provides directions

(ii) Planning leads to rigidity

Q26. Planning leads to rigidity is a

(i) Importance of Planning
(ii) Method of Planning
(iii) Limitation of planning
(iv) Characteristics of planning

(iii) Limitation of planning

Q27. They provide a basis for interpreting strategy, which is usually stated in general terms.

(i) Policies
(ii) Procedures
(iii) Objectives
(iv) Programmes

(i) Policies

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MCQ Questions for Class 12 Business Studies with Answers

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