CBSE Class 12 Business Studies Planning MCQs Set C

Question: Which one of the following is a single-use plan?
(a) Method
(b) Budget 
(c) Strategy
(d) Rule

Answer : A

Question: _____ type of plan is not likely to be repeated in future:-
(a) Single use plan
(b) Standing plan
(c) Programme
(d) Method 

Answer : D

Question: What to do and how to do is concerned with______
(a) Planning 
(b) Controlling
(c) Organising
(d) None of the options

Answer : A

Question: According to the Economic Survey, insights from behavioural economics can be strategically utilised to create an aspirational agenda for social change from BBBP (Beti Bachao Beti Padhao) to BADLAVL (Beti Aapki Dhan Lakshmi Aur Vijay Lakshmi); from Swachh Bharat to Sundar Bharat; from 'Give It Up' for the LPG subsidy to 'Think about the Subsidy' and from tax evasion to tax compliance. Identify the type of plan being described in the above lines.
(a) Programme 
(b) Method
(c) Rule
(d) Strategy

Answer : A

Question: In order to encourage technologies like artificial intelligence (AI), the internet of things (iot) and virtual reality (VR), the government is planning to launch a scheme to invite foreign companies through a transparent bidding process, to set up plants for manufacturing semi-conductors, solar photo voltaic cells, lithium cell batteries, solar electric charging vehicles, computer servers, and laptops in India.Identify the type of plan being described in the above lines.
(a) Method
(b) Strategy 
(c) Programme
(d) Objective

Answer : B

Question: Ketan Enterprises adopts different ways to provide training to employees, like Job . Rotation, Coaching, Vestibule Training, Conference, Lecture Method and Role Playing. Identify the type of plan being described in the above lines.
(a) Procedure
(b) Method 
(c) Strategy
(d) Programme

Answer : B

Question: Planning seeks to bridge the gap between ______
(a) Present and Future position 
(b) Past and Future position
(c) Past and present position
(d) None of the options

Answer : A

Question: Training, lectures and seminars are ____________
(a) Method 
(b) Rules
(c) Procedure
(d) Strategy

Answer : A

Question: Main purpose of Rule is:
(a) To decide that when is to be done
(b) To choose the best alternative
(c) To set the organizational objectives
(d) To Maintain Discipline 

Answer : D

Question: Plans can be implemented after the _______________
(a) Developing premises
(b) Setting objectives
(c) Follow up action
(d) Selecting an alternative 

Answer : D

Question: Single use plans are designed only ____________
(a) To achieve the objectives
(b) To meet the demand of specific situations 
(c) To use two times
(d) For an indefinite period

Answer : B

Question: No fine or penalty for violation is charged under____
(a) Method 
(b) Law
(c) Rule
(d) None of the options

Answer : A

Question: According to the World Health Organization, 39% of adults are overweight. Consequently in the U.K., a sugar tax was introduced in 2018 on beverages containing more than 5% sugar to curb sugar intake. Identify the type of plan being described in the above lines.
(a) Rule
(b) Method
(c) Programme
(d) Strategy 

Answer : D

Question: What is known as the primary function of management?
(a) Organising
(b) Controlling
(c) Planning 
(d) Staffing

Answer : C

Question: Which of the following is not a feature of planning?
(a) Planning focuses on achieving objectives.
(b) Planning is pervasive.
(c) Planning is futuristic.
(d) Planning establishes standards for controlling. 

Answer : D

Question: A strategy is a comprehensive plan which will not include this dimension
(a) Allocating resources necessary to achieve the objective
(b) Determining long term objectives
(c) Adopting a particular course of action
(d) The ends which the management seeks to achieve by its operations 

Answer : D

Question: It helps to save time, money and effort, and increases efficiency.
(a) Rule
(b) Method 
(c) Programme
(d) Procedure

Answer : B

Question: According to a survey, these days the young children have more power in purchasing decisions than ever before. The parents seek their kids opinions about all kinds of once-adult decisions, including where to go for dinner, what kind of car to buy, even what to wear,. Therefore, the retailers are adapting to this by enhancing their kids sections. If the children want to shop in the store for their clothes, then there's a greater chance the parent will also see something they want to buy as well. Identify the type of plan being described in the above lines.
(a) Method
(b) Programme
(c) Strategy 
(d) Rule

Answer : C

Question: According to a survey of 250 consumer packaged goods (CPG) companies by a reputedfirm, 75% of brand owners say they're going to spend significantly more on packaging as it is critical to their brand's success.Identify the type of plan being described in the above lines.
(a) Method
(b) Programme
(c) Rule
(d) Strategy 

Answer : D

Question: Based on National Common Mobility Card standards, India's first indigenously developed inter-operable transport card was launched in March 2019 to make travel across various modes convenient. Identify the type of plan being described in the above lines.
(a) Method
(b) Rule
(c) Programme
(d) Strategy 

Answer : D

Question: Which of the following is not a single use plan?
(a) Method 
(b) Budget
(c) Programme
(d) All of the options

Answer : A

Question: Packaging is said to have the unique capacity to make products stand out in a crowded marketplace. Therefore, convenience of the consumer is at the top of mind of the marketers as they are focussing on developing packaging that's easier to open, to protect against breakage, maintain freshness during delivery and keep a consistent look and feel across multiple channels. Identify the type of plan being described in the above lines.
(a) Rule
(b) Programme
(c) Method
(d) Strategy 

Answer : D

Question: India is world's third largest domestic aviation market. The government plans to make India a hub for financing aircraft purchases and leasing of planes. In order to promote this, the government has announced tax incentives, like tax deductions, for companies setting up business in IFSC for fifteen years. Identify the type of plan being described in the above lines.
(a) Method
(b) Programme
(c) Strategy 
(d) Rule

Answer : C

Question: In 2019 alone, Swiggy has launched operations in 300 towns and cities. Swiggy follows a two-step sequence while expanding to a small town. First, it provides more laborious training to restaurants and delivery partners compared to their counterparts in the city. Second, it focuses on building scale in operations and increase the restaurant's reach to a larger base of consumers, including optimizing kitchens, resource planning among others. Identify the type of plan being described in the above lines.
(a) Strategy 
(b) Procedure
(c) Method
(d) Programme

Answer : A

Question: What is the last step in planning process?
(a) Developing premises
(b) Follow up action 
(c) Setting objectives
(d) None of the options

Answer : B

Question: Making decisions on the basis of experience, feelings and accumulated judgement is called as __________.
(a) Decision making
(b) Intuitive decision making 
(c) Structured problems
(d) None of the options

Answer : B

Question: Estimated cash inflows and cash outflows are _________
(a) Programme
(b) Procedure
(c) Budget 
(d) Rules

Answer : C

Question: Which of this is not mentioned in decision-making matrix?
(a) Behavioural
(b) Directive
(c) Performance management 
(d) Analytic

Answer : C

Question: There are two types of plans ____________
(a) Short term and Medium term plan
(b) Traditional Plan and Modern Plan
(c) Single use plan and Standing plan 
(d) Single use and Double use plan

Answer : C

Question: ___ is the type of plan which is time-bound and linked with measurable outcome.
(a) Budget 
(b) Policy
(c) Rule
(d) Strategy

Answer : A

Question: Planning leads to rigidity is a
(a) Method of Planning
(b) Importance of Planning
(c) Limitation of planning 
(d) Characteristics of planning

Answer : C

Question: Planning is a _______________
(a) One time process
(b) Obsolete Concept
(c) Mental Exercise 
(d) Useless Function

Answer : C

Question: The basic role of strategy is to provide
(a) direction for control
(b) setting procedures.
(c) direction for motivation.
(d) direction for action 

Answer : D

Question: Which one of the following plans prescribes chronological steps for performing activities?
(a) Rule
(b) Procedure 
(c) Method
(d) Policy

Answer : B

Question: Planning provides direction is a
(a) Method
(b) Limitation of planning
(c) Importance of planning 
(d) Characteristics of planning

Answer : C

Question: ______ guides for decision making :-
(a) Method
(b) Policy 
(c) Rule
(d) Procedure

Answer : B

Question: ______ are detailed statements about a project which outlines the objectives, rules, etc.
(a) Budget
(b) Programme 
(c) Policy
(d) Single use plan

Answer : B

Question: Name the function of management which involves setting objectives and developing appropriate courses of action to achieve these objectives.
(a) Organising
(b) Planning 
(c) Staffing
(d) Directing

Answer : B

Question: They represent the end point of planning.
(a) Methods
(b) Rules
(c) Objectives 
(d) Policies

Answer : C

Question: Name the type of budget which is prepared to determine the net cash position.
(a) Purchase budget
(b) Cash budget 
(c) Production budget
(d) Sales budget

Answer : B