Question:
Plans are prepared for a specific period of time, may be for a month, a quarter or a year. At the end of that period, there is a need for a new plan to be drawn on the basis of new requirements and future conditions. The feature of planning reflected in the above lines is:
Plans are prepared for a specific period of time, may be for a month, a quarter or a year. At the end of that period, there is a need for a new plan to be drawn on the basis of new requirements and future conditions. The feature of planning reflected in the above lines is:
Updated On: Feb 19, 2025
- Planning is futuristic
- Planning is continuous
- Planning is pervasive
- Planning is a mental exercise
Hide Solution
Verified By Collegedunia
The Correct Option is B
Solution and Explanation
Step 1: Planning is a continuous process as it requires constant monitoring and revision according to new conditions and requirements.
Step 2: Since new plans are created after evaluating past plans, it reflects the continuous nature of planning.
Thus, the correct answer is option B.
Was this answer helpful?
0
0
Top Questions on Planning
- ‘Vishesh 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:
- Differentiate between 'Formal Organization' and 'Informal Organization' on any six bases.
- State any three objectives of the Securities and Exchange Board of India (SEBI).
- Explain any three points of importance of ’Controlling’ function of management.
- Sudha and Shweta were twin sisters. After completing their education from college, they decided to start a business. As they were Commerce students, they knew the importance of deciding in advance 'what to do' and 'how to do'. It was very challenging for them as this decision was to guide all their future actions. While discussing the same with their mother, they got a new idea of starting a 'Cloud Kitchen'. Both the sisters were very excited to start this. The idea took the shape of a concrete plan and within a month, they were successful in starting their 'Cloud Kitchen.'
Identify the point of importance of planning highlighted in the above case:
View More Questions
Questions Asked in CBSE CLASS XII exam
- Which fruit has the maximum vitamin A content?
- CBSE CLASS XII - 2024
- Nutrition
- Write the reactions of glucose with
(a) HI
(b)\((CH_3CO_2)O\)- CBSE CLASS XII - 2024
- Biomolecules
- Ankur Sachdeva did his MBA from ITB University. He decided to apply his knowledge of scientific management in the fast food restaurant chain 'Coffee Bean' set up by him. This restaurant was providing burgers, fries, shakes etc, as a part of its menu. Nowadays people are quality conscious, so he was using standardised raw materials, processes, methods, working conditions, machinery etc. The objective was to establish standards of excellence. By doing this he was not only able to reduce the cost but was also able to provide new varieties of burgers, fries and shakes leading to increased turnover. Ankur Sachdeva also believed that there was only one best method to maximise efficiency. As a result he developed best way of grilling burgers, cooking fries and preparing shakes. His main objective was to maximise the satisfaction of customers, which he was able to achieve. Not only to learn the best way of doing a job, but to perform their tasks efficiently, 'Coffee Bean' regularly invests in training and development programmes to equip employees with the necessary skill and knowledge. 'Coffee Bean' believed that efficient employees will produce more and earn more. This will ensure their greatest efficiency and prosperity for both company and workers. The above case highlights the use of Scientific principles and techniques by 'Coffee Bean'. Explain any one such principle and two techniques.
- CBSE CLASS XII - 2024
- Marketing Management
- Preeti started her own cooking channel on 'Youtube Mood Art'. As her subscribers increased, she was not in a position to manage everything on her own. She hired Rahul and Riya to help her with filming editing, lighting and content research. She granted authority to them to operate within prescribed limits. She was thus, able to use her time on high priority activities like developing new recipes and content development etc. As a result, Rahul and Riya were given opportunities to develop and exercise initiative. Preeti was now able to focus on objectives and meet the target of achieving a subscriber base of one million in six months.
(a) Identify the concept of management used by Preeti.
(b) Explain any five points of importance of the concept identified in .- CBSE CLASS XII - 2024
- Organising
- Explain the following types of plans:
(b) Strategy
(ii) Method
(iii) Budget- CBSE CLASS XII - 2024
- Principles of Management
View More Questions