Planning-Concept, Importance and Limitations [CBSE (Central Board of Secondary Education) Class-12 Business-Studies]: Questions 16 - 22 of 22
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Question 16
Appeared in Year: 2007
Describe in Detail Subjective▾
Explain how does planning help reducing uncertainties?
EditExplanation
- 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 …
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Question 17
Appeared in Year: 2010
Describe in Detail Subjective▾
What is meant by ‘Planning’ ? List any two features of planning.
EditExplanation
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) Focus on objectives: Plans are guidelines that support managers …
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Question 18
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 management.
(3) Pervasiveness:- Planning…
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Question 19
Appeared in Year: 2012
Describe in Detail Subjective▾
State any three advantages and any two limitations of ‘planning’ .
EditExplanation
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 and keeping in view new objectives.
(3) Choice…
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Question 20
Appeared in Year: 2012
Describe in Detail Subjective▾
Describe the relationship between ′ panning and ′ controlling ′ .
EditExplanation
- Planning and controlling are related functions of management. Planning refers to the psychological process of thinking and deciding what is to be done and how it is to be done.
- So, planning decides the objectives achieved and course of action to be followed. Controlling refers to the process of managing and evaluating the work.
- The various objectives…
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Question 21
Appeared in Year: 2012
Write in Short Short Answer▾
‘Planning is done for achieving the organizational goals.’ Do you agree? Give one reason in support of your answer.
EditQuestion 22
Write in Short Short Answer▾
Answer any seven of the following questions in 10 - 12 sentences each. Each question carries four marks:
Explain the importance of planning with any four points.
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