Class 12 Commerce Planning — practice questions
13 free MCQs with worked solutions. Tap any question for the answer + explanation, or practice them all in the app.
Practice Class 12 Commerce Planning in the app →Planning as a function of management essentially means:Planning is regarded as the ___ function of management because every other function follows it:The ends or goals that an organisation wishes to achieve are called its:A comprehensive plan that sets the overall direction of an organisation to meet competition is a:A general guideline that channels thinking and decision-making within set limits is a:The exact chronological sequence of steps to be followed to perform a task is a:A specific statement that tells exactly what is to be done or not done, leaving no discretion, is a:A plan expressed in numerical or financial terms, such as expected sales, is a:Plans prepared for a one-time, non-recurring situation are called:Policies, procedures and rules, which are used repeatedly over time, are examples of:A major limitation of planning is that it:By thinking ahead, planning mainly helps an organisation to:The prescribed way in which each step of a procedure is to be performed is called a: