Planning-Concept, Importance and Limitations (CBSE (Central Board of Secondary Education- Board Exam) Class-12 Business-Studies): Questions 1 - 9 of 21

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Question number: 1

» Planning » Concept, Importance and Limitations

Essay Question▾

Describe in Detail

‘No enterprises can achieve its objectives without systematic planning’. Do you agree with this? Give any five reasons in support of your answer.

OR

Is planning actually worth the huge costs involved? Give 4 reasons.

Explanation

Yes, it is worth every amount spent on its. A company needs to plan because of the following benefits. Each point must be explained here.

  • Facilitate controlling.
  • Reduce risk of uncertainty
  • Provides Directions
  • Promotes innovative ideas.

Question number: 2

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

A company allows only eight leave for his employees during one year. Which type of plan is it?

Question number: 3

» Planning » Concept, Importance and Limitations

Short Answer Question▾

Write in Short

In spite of best efforts of managers sometimes planning fails to achieve desired results due to its limitations. Explain any five limitations of planning.

Question number: 4

» Planning » Concept, Importance and Limitations

Short Answer Question▾

Write in Short

“An ideal control technique is the one that checks every bit of performance”. Comment.

Question number: 5

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

A Company needs a detailed plan for its new project, ‘Construction of a Shopping Mall’. What type of plan is it?

Question number: 6

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

Name any two external factors due to which planning may not work.

Question number: 7

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

Without one function of management the controlling function is not possible. Name the concerned function.

Question number: 8

» Planning » Concept, Importance and Limitations

Essay Question▾

Describe in Detail

”Planning is looking ahead and controlling is looking back. ” Comment.

Explanation

Planning is Looking Ahead is true because it contributes heavily to success and gives us some control over the future. By planning we set aside our tasks and deadlines so we can enlarge

our mental focus and seeing the bigger picture and we can set our Personal or organizational goals

… (103 more words) …

Question number: 9

» Planning » Concept, Importance and Limitations

Essay Question▾

Describe in Detail

“Planning is not a guarantee of success of a business”. Comment.

OR

“Sometimes planning fails in spite of the best efforts of management’. Do you agree? Give any 5 reasons in support of your answers.

OR

Why organizations are not always able to accomplish all their objectives?

Explanation

Yes, I agree with the statement, planning though an important tool of management is not a remedy for all types of problems because it suffers from following limitations; [Explain any 4 limitation]

  • Does not work in a dynamic environment
  • Rigidity
  • Reduces creativity
  • Involves huge costs.

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