Planning-Concept, Importance and Limitations (CBSE Class-12 Business-Studies): Questions 10 - 19 of 21

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Question number: 10

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

“No smoking in office “is an example of which type of plan?

Question number: 11

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

‘Planning eliminates changes/uncertainties’. Do you agree? Give reason in support of your answer.

Question number: 12

» Planning » Concept, Importance and Limitations

Short Answer Question▾

Write in Short

“Failing to plan is planning to fail. ” Explain with suitable Examples.

Question number: 13

» Planning » Concept, Importance and Limitations

One Liner Question▾

Write in Brief

Name the function of management is considered a base for all other function.

Question number: 14

» Planning » Concept, Importance and Limitations

Appeared in Year: 2005

Essay Question▾

Describe in Detail

You are a newly appointed finance advisor in a company and found that the company is over-capitalized. The management does not agree with your findings. Convince the management by giving five reasons in support of your viewpoint.

Explanation

Given below are the reasons supporting the view points:

When business is unable to get fair return on their investment then it is over-capitalized company.

The firm is unable get fair return on investment and distribute dividend among share holder.

The aggregate par value of stocks and shares exceeds the… (49 more words) …

Question number: 15

» Planning » Concept, Importance and Limitations

Appeared in Year: 2010

Essay Question▾

Describe in Detail

Explain “Policy” and “Procedure” as types of plans.

Explanation

  • Policy: - Policies are expressed to guide an organization in a particular direction. They help channel efforts of all employees of an organization and objectives are attained on time. They provide interpretation of strategies and define broad parameters for the functions of management.
  • Procedure: - Procedures are basically the routine… (28 more words) …

Question number: 16

» Planning » Concept, Importance and Limitations

Appeared in Year: 2007

Essay Question▾

Describe in Detail

Explain how does planning help reducing uncertainties?

Explanation

  • In organization in right direction it accredits its managers to analyze and anticipate changes. It leads to reduction in uncertainty of events.
  • Planning shows how to deal with situations which may arise in course of management. It does not fully eliminate the problems.
  • Planning is activity it enables manager to… (32 more words) …

Question number: 17

» Planning » Concept, Importance and Limitations

Appeared in Year: 2010

Essay Question▾

Describe in Detail

What is meant by ‘Planning’? List any two features of planning.

Explanation

Planning denotes to the psychological process of thinking and deciding about ‘what is to be done’ and ’how

It is to be done’.

Planning is defined process of setting aims formulating courses of action

Correct in order to attain the set goals.

The following are two features of planning.

(i)… (68 more words) …

Question number: 18

» Planning » Concept, Importance and Limitations

Appeared in Year: 2011

Essay Question▾

Describe in Detail

State any four features of planning.

Explanation

Features of planning are given below: -

(1) Focus on objectives: - This is focus on guidelines for what goals are achieved and how they are achieved. Organization formulates keeping goals.

(2) Stepping stone: - Planning precedes all functions as organizing, staffing. Objectives and goals for all other functions of… (63 more words) …

Question number: 19

» Planning » Concept, Importance and Limitations

Appeared in Year: 2012

Essay Question▾

Describe in Detail

State any three advantages and any two limitations of ‘planning’.

Explanation

Advantages of planning is given below: -

(1) Focus on objectives: - Planning serves as guidelines for goals to be achieved. They ensure that objectives of an organization are achieved on time.

(2) Continuity: - Planning is process because after implementation of plan the need arises for formulating next plan… (100 more words) …

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