Business Studies Planning: Multiple Choice Questions

BUSINESS STUDIES
PLANNING
Multiple Choice Questions
1. This function of management decides what to do and how to do:
(a) organising (b) planning (c) directing (d) controlling
2. Which of the following is not a feature of planning?

(a) Primary function (b) pervasive
(c) Arranging resources (d) mental exercise
3. Which of the following is true for planning?

(a) It is economical
(b) It involves creative implementation
(c) It provides rational approach for decision-making
(d) It takes care of dynamic environment
4. Identify the best definition of planning

(a) A process in which plans are formulated, carried out and controlled
(b) The core activity of planners and planning department
(c) It provides rational approach for decision-making
(d) It takes care of dynamic environment
5. Which of the following are levels of planning?

(a) Top, middle and bottom (b) strategic, administrative and functional
(c) Department, divisions, individuals (d) none of the above
6. Which of the following statements is not an importance of planning?

(a) Planning is expensive and time-consuming
(b) Planning promotes creativity and innovation
(c) Planning aids decision-making
(d) Planning helps managers to took ahead
7. Planning is considered to be rigid because

(a) It provides a course of action to be followed
(b) It does not consider changes in business environment
(c) It lays the fixed path for managers to follow
(d) All the above
8. Planning may not guarantee success because

(a) Top level plans and middle level management implements
(b) Dynamic of business environment may change
(c) Planning is futuristic
(d) None of the above
9. Which statement is not true for single use plans?

(a) These plans are one time plans
(b) These plans are formulated for specific purpose
(c) These plans have no relation with standing plans
(d) These plans do not last very long
10. This is type of planning makes it a controlling to all plans

(a) Strategy (b) objective (c) policy (d) budgets
11. Which step of planning makes it a controlling devices

1
(a) Setting objectives (b) selecting the best course of action
(c) Implementation of plan (c) follow-up action
12. Every employee has to sign in the attendance register as soon he/she reaches office.
This is an example of
(a) Procedure (b) method (c) rule (d) policy
13. This plan decides ‘what is to be done’

(a) Policy (b) objective (c) procedure (d) strategy
14. This plan decides ‘how the work should be done’

(a) Policy (b) objective (c) procedure (d) strategy
15. This is the only plan with is considered as a control device

(a) Procedure (b) method (c) rule (d) budget
HIGHER ORDER THINKING SKILLS BASED QUESTION

1. Identify the type of plan in the following:
a) The sales managers presented the sales strategy indicating sales volumes for next
financial year.
b) To increase company’s presence in the market, Mr. Ranvijay the CEO has decided to
advertise in all the leading newspapers in every of India for next six month.
c) Sell Well Ltd. fills higher positions in the company internally.
d) Employees of Sell Well Ltd., eligible for promotion have to appear for internal test and
an interview.
e) Meditubes Medical Aids has set a target of 20% growth is sales volume for the next
financial year.
f) To increase market share for blood glucose meters Benaka Scientific has given
instruction to all its sales managers to replace the device of other hand with their latest
models free of cost.
g) Honey Money Ltd. organizes team building workshops to improve team spirit and
relationship among employees.
h) Khana Khazana has decided to employ all woman workforce for handling kitchen
affairs and man for marketing.
i) If any employees working in Rama Steel comes one hour late to office three times a
month, his/her one day salary is deducted.
j) As part of the training programme for newly appointed sales executives ‘joy for all Ltd.
Fixes the responsibility of sales managers as mentors to takes the executives for visits
to their existing customers and help the learn on the job.
2. Human Care Ltd. deals in medical equipment business. They import goods Korea and sell
in domestic market. Recently the Korean company increased prices making good expensive.
Indian being price sensitive market will not accept the increased price. The Director of the
company is thinking of options of importing goods from other countries like Thailand and
China. He is also thinking of purchasing goods from the existing supplier in Korea but without
packing so that it is cheaper. He will save freight charges. All this will reduce that total cost
and will enable him to make profits as before.
a) Identify the concept of management involved in the above case.
b) State what is the director of Human Care planning to do?
c) Mention what steps must be followed by Human Care to make sure that their
objectives of profit maximization is achieved.

Business Studies Planning: Multiple Choice Questions

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BUSINESS STUDIES

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

3. Which of the following is true for planning?

4. Identify the best definition of planning

5. Which of the following are levels of planning?

6. Which of the following statements is not an importance of planning?

7. Planning is considered to be rigid because

8. Planning may not guarantee success because

9. Which statement is not true for single use plans?

10. This is type of planning makes it a controlling to all plans

11. Which step of planning makes it a controlling devices

13. This plan decides ‘what is to be done’

14. This plan decides ‘how the work should be done’

15. This is the only plan with is considered as a control device

HIGHER ORDER THINKING SKILLS BASED QUESTION

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