Value Based Questions (For Practice) Commerce Notes | EduRev

Business Studies (BST) Class 12

Commerce : Value Based Questions (For Practice) Commerce Notes | EduRev

The document Value Based Questions (For Practice) Commerce Notes | EduRev is a part of the Commerce Course Business Studies (BST) Class 12.
All you need of Commerce at this link: Commerce
Value based Questions (1 Marks)


1.What is meant by ‘Pervasiveness of planning’ ?
2.Planning requires logical and systematic thinking rather than guess work. Which feature of planning is highlighted here ?
3.How does planning reduce the risks of uncertainty ?
4.Explain how controlling is not possible without planning.
5.While formulating a plan, the manager is required to make certain assumptions about the future. What are these assumptions called ?
6.How should a manager select the best possible course of action ?
7.Name the type of plan which serves as a guide for overall business planning and define the future state of affairs which the organization strives to realise.
8.Name the type of plan in which the minutest details are worked out, that is procedures, rule and budget within the broad frame work of policy.
9.Name the type of plan which is also a control device from which deviation can be taken care of.
10.‘Offering 30% jobs to women.’ What type of plan is it ?
11.Puneet electronics decides to sell television sets though exchange of old television sets. What type of plan is it ?
12.A company needs a detailed plan for its new project-Construction of shopping mall. What type of plan is it ?
13.Which limitation of planning suggest that the employees step thinking and become the blind follows of plan ?
14.In which type of plan the sequences to perform a job are determined ?
15.Which plan suggests acts and non-action of employees ?
16.‘No Smoking’-this statement is related to which type of plan ?
17.Mc Donald co. does not give its franchise to any other co. Which is running food business. This is related to which type of plan ?    
18. What values are followed by business organizations which make plans?
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