CBSE Class 12th Business Studies Question Paper - TS4 (5 Question Papers)

Free Business Studies - Class 12th (CBSE) - TS4 (5 Question Papers Included) - Planning

Planning is the foremost function of management. This seems easy!

Now, let's solve every question revolving around this topic with our study material.

We have prepared a list of five question papers for you to score well in your CBSE class 12th board exams.

Here are the quick details:

• Class: XII
• Subject: BUSINESS STUDIES
• Time: 45 minutes
• Maximum Marks: 20
• Chapter Name: Planning
• Marking Scheme: One, three, four, and six marks

Below are the links to the tests:

• Test 1
• Test 2 (Coming Soon)
• Test 3 (Coming Soon)
• Test 4 (Coming Soon)
• Test 5 (Coming Soon)

Test 1

• Time: 45 minutes
• Maximum Marks: 20

Q1. 'Anchu Constructions', a construction company, decided to strictly implement 'No Helmet, No Entry' and put the following sign at their construction sites:

Identify the type of plan indicated by the above sign:

1. Policy
2. Rule
3. Method
4. Programme

Q2.

Assertion (A): Planning does not guarantee success.

Reason (R): Managers have a tendency to rely on previously tried and tested successful plans. It is not always true that just because a plan has worked before, it will work again. (1 mark)

1. Both Assertion (A) and Reason (R) are true, and Reason (R) is the correct explanation of Assertion (A).
2. Both Assertion (A) and Reason (R) are true, but Reason (R) is not the correct explanation of Assertion (A).
3. Assertion (A) is true, and Reason (R) is false.
4. Assertion (A) is false, and Reason (R) is true.                    

Q3. A Sanitary Pad manufacturing company wants to become a market leader. For this purpose, the manager follows an activity with certain logical steps. The first step suggested by him is to increase profits by at least 30% in the next quarter. What will be the last step of the activity being followed by the manager? (1 mark)

1. Follow-up action
2. Identifying alternative courses of action
3. Setting objectives
4. Evaluating alternative courses of action

Q4. Yamraj, a Shipping company, has been successfully carrying out its shipping business for the past five years. Last year, it rolled out a new shipping initiative during the holiday season, with the promise to deliver all packages by a particular time before the holidays. The company had an objective of increasing its profit at a consistent rate. The unexpected high demand hassled the workers and the delivery team, causing a delay in the delivery of a large number of packages. The company did not recognise the logistical difficulties in training new staff, in order to meet its delivery schedules as promised. The complacency of the company to think that a consistent rate of profit could be maintained led to its failure. Identify the limitations of planning discussed above. (1 mark)

1. Planning is a time-consuming process
2. Planning does not guarantee success
3. Planning involves huge costs
4. Planning reduces creativity

Q5. "Failing to plan is planning to fail." Comment. (3 marks)                                                                                                          

Q6.  Rehu Auto Ltd. manufactures different types of commercial vehicles. Their sales were rupees two hundred crores in the previous year. The company decided to increase sales by 20% during the current year. It conducted internal as well as external audits for the same. Through internal audit, they analysed the strengths and weaknesses of the business across all departments. The external audit focused on the opportunities and threats in the constantly changing business environment. Thus, a comprehensive plan was prepared, taking into consideration the business environment and the necessary resources were allocated to achieve the target. The company directed its offices throughout the country to follow the plan. The company's commitment to developing effective plans to achieve a consistent increase in sales has ensured its continual growth over the past one decade. Identify and explain the two types of plans discussed above. (3 marks)                                                                                            

Q7. Manasvi Ltd. holds an Annual Management Programme every year in the month of March, in which the top managerial personnel formulate plans for the next year by analysing and predicting the future to meet future events effectively. As they are responsible for providing direction to the organisation, facts are thoroughly checked through scientific calculations. Detailed plans are prepared after discussion with professional experts. Preliminary investigations are also undertaken to find out the viability of the plan. Since it is an intellectual activity requiring intelligent imagination and sound judgment, it is mainly done by the top management. Usually rest of the members just implement the plans. Middle-level managers are neither allowed to deviate from the plans nor permitted to act on their own. The top management ensures that the expenses incurred in formulating the plans justify the benefits derived from them. State two limitations and two features of planning discussed above. (4 marks)

Q8. Explain the following statements related to the planning function of management: (6 marks)

1. Planning is closely connected with creativity and innovation.
2. Planning will be a futile exercise if it is not acted upon or implemented.
3. Planning is the most challenging activity for the management
4. Planning is a prerequisite for controlling.
5. Planning is purposeful.
6. Planning is not an exclusive function of top management.

The End

Answers For TEST 1

The End

• Are you looking for more questions on the Planning topic? Click the links below:
• Worksheet 1
• Worksheet 2
• Do you want to perform a five-question paper test series as mentioned above for Consumer Protection? Click here for the questions.