INDIAN PUBLISHERS
BUSINESS STUDIES
CLASS-12
CHAPTER-4 (Chapterwise)
1. ______ forecasts the sales of different products in each area for particular month:-
a) Sales budget
b) Sales accounts
c) Sales cost
d) None of these
2. From the following pictorial presentations, identify the features of planning
a) Planning Focuses on Achieving Objective
b) Planning is Pervasive
c) Planning is futuristic
d) planning is continuous
3. It includes a complete list of project objectives, policies, procedures, regulations, tasks, and the
physical and human resources needed to carry out any course of action.
a) Rules
b) Method
c) Strategies
d) Programs
4. Rearrange the steps in the decision making process logically.
A. Identification of a problem
B. Development of alternatives
C. Identification of decision criteria
D. Allocation of weights to criteria
E. Analysis of an alternative
F. Implementation of the alternative
G. Selection of an alternative
a) DAGCFBA
b) BDEGFAC
c) ACDBEGF
d) ABCDEFG
, 5. Assertion(A) – Planning bridges the distance among from wherein we're to wherein we need to go
Reason(R) – Planning includes setting goals and generating appropriate sources of course to
achieve those goals
a) Both A and R are correct
b) A is correct R is incorrect
c) Both A and R are correct and R is the correct explanation of A.
d) Both A and R are correct and R is not the correct explanation of A.
6. Planning is no guarantee for success. This statement is
a) True
b) False
c) Partly true
d) Nothing can be said
7. The term demonetisation has become a household name since the government pulled the old Rs.
500 and Rs. 1,000 notes out of circulation in November 2016. Prior to the year 2016, the Indian
government had demonetised bank notes on two prior occasions—once in the year 1946 and then
again in the year 1978. In both cases, the purpose was to combat tax evasion by 'black money'.
Identify the types of one of the functions of management being discussed in the above lines.
a) Objectives
b) procedures
c) Strategies
d) Objectives and strategies
8. —- is a type of plan which refers to the prescribed way or manner in which a specified task has to
be performed.
a) Policies
b) Method
c) Programs
d) None of these
9. Laxmi Chemicals Ltd., a soap manufacturing company, wanted to increase its market share from
30% to 55% in the long run. A recent report submitted by the Research & Development Department
of the company had predicted a growing trend of herbal and organic products. On the basis of this
report the company decided to diversify into new variety of soaps with natural ingredients having
benefits and fragrances of Jasmine, Rose, Lavender, Mogra, Lemon Grass, Green Apple,
Strawberry etc. The Unique Selling Proposition (USP) was to promote eco-friendly living in the
contemporary life style. The company decided to allocate ₹ 30 crores to achieve the objective.
Identify the type of one of the functions of management mentioned above which will help the
company to acquire dominant position in the market.
a) Organising
b) Planning
c) Controlling
d) Planning and controlling
10. _________ is a standardized way or manner of performing a routine activity considering its goals.
a) Procedures
b) Method
c) Rules
d) Programs
11. From the following pictorial presentations, identify the importance of planning
BUSINESS STUDIES
CLASS-12
CHAPTER-4 (Chapterwise)
1. ______ forecasts the sales of different products in each area for particular month:-
a) Sales budget
b) Sales accounts
c) Sales cost
d) None of these
2. From the following pictorial presentations, identify the features of planning
a) Planning Focuses on Achieving Objective
b) Planning is Pervasive
c) Planning is futuristic
d) planning is continuous
3. It includes a complete list of project objectives, policies, procedures, regulations, tasks, and the
physical and human resources needed to carry out any course of action.
a) Rules
b) Method
c) Strategies
d) Programs
4. Rearrange the steps in the decision making process logically.
A. Identification of a problem
B. Development of alternatives
C. Identification of decision criteria
D. Allocation of weights to criteria
E. Analysis of an alternative
F. Implementation of the alternative
G. Selection of an alternative
a) DAGCFBA
b) BDEGFAC
c) ACDBEGF
d) ABCDEFG
, 5. Assertion(A) – Planning bridges the distance among from wherein we're to wherein we need to go
Reason(R) – Planning includes setting goals and generating appropriate sources of course to
achieve those goals
a) Both A and R are correct
b) A is correct R is incorrect
c) Both A and R are correct and R is the correct explanation of A.
d) Both A and R are correct and R is not the correct explanation of A.
6. Planning is no guarantee for success. This statement is
a) True
b) False
c) Partly true
d) Nothing can be said
7. The term demonetisation has become a household name since the government pulled the old Rs.
500 and Rs. 1,000 notes out of circulation in November 2016. Prior to the year 2016, the Indian
government had demonetised bank notes on two prior occasions—once in the year 1946 and then
again in the year 1978. In both cases, the purpose was to combat tax evasion by 'black money'.
Identify the types of one of the functions of management being discussed in the above lines.
a) Objectives
b) procedures
c) Strategies
d) Objectives and strategies
8. —- is a type of plan which refers to the prescribed way or manner in which a specified task has to
be performed.
a) Policies
b) Method
c) Programs
d) None of these
9. Laxmi Chemicals Ltd., a soap manufacturing company, wanted to increase its market share from
30% to 55% in the long run. A recent report submitted by the Research & Development Department
of the company had predicted a growing trend of herbal and organic products. On the basis of this
report the company decided to diversify into new variety of soaps with natural ingredients having
benefits and fragrances of Jasmine, Rose, Lavender, Mogra, Lemon Grass, Green Apple,
Strawberry etc. The Unique Selling Proposition (USP) was to promote eco-friendly living in the
contemporary life style. The company decided to allocate ₹ 30 crores to achieve the objective.
Identify the type of one of the functions of management mentioned above which will help the
company to acquire dominant position in the market.
a) Organising
b) Planning
c) Controlling
d) Planning and controlling
10. _________ is a standardized way or manner of performing a routine activity considering its goals.
a) Procedures
b) Method
c) Rules
d) Programs
11. From the following pictorial presentations, identify the importance of planning
