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Business Studies - Planning Quiz

Class XII
Business Studies
Planning
11 questions
MEDIUM

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1. What is the primary purpose of planning in business?

To increase profits · To set objectives · To reduce costs · To improve employee morale

2. Which of the following is NOT a characteristic of planning?

Goal-oriented · Continuous process · Rigid · Pervasive

3. What type of plan outlines the steps to achieve specific objectives?

Strategic plan · Operational plan · Tactical plan · Contingency plan

4. Which planning technique involves breaking down a project into smaller tasks?

Gantt chart · SWOT analysis · Brainstorming · Benchmarking

5. What is the first step in the planning process?

Identifying alternatives · Setting objectives · Evaluating alternatives · Implementing plans