📘 Class 12 Business Studies – Sample Paper

Chapter 4: Planning

🔷 Section A – Very Short Answer Questions (20 Marks)

Q1 – Q20 (1 × 20 = 20 marks)

Answer in one line.

Q1. What is planning in management?
Q2. Name any two types of plans.
Q3. Define objective.
Q4. What is strategy?
Q5. What is policy in management?
Q6. Define procedure.
Q7. What is rule?
Q8. What is programme in management?
Q9. Name any one benefit of planning.
Q10. What is forecasting?
Q11. What is decision-making?
Q12. What is long-term planning?
Q13. What is short-term planning?
Q14. What is contingency plan?
Q15. Name any one limitation of planning.
Q16. What is meant by planning premises?
Q17. What is policy framework?
Q18. What is meant by plan hierarchy?
Q19. What is meant by corporate plan?
Q20. Name any one characteristic of planning.

🔷 Section B – Short Answer Questions (20 Marks)

Q21 – Q26 (3 × 6 = 18 marks)

Answer in 60–80 words.

Q21. Explain the meaning and importance of planning.
Q22. Explain any three types of plans.
Q23. Explain the process of planning.
Q24. Explain any three features of planning.
Q25. Explain any three limitations of planning.
Q26. Explain the difference between long-term and short-term planning.

🔷 Section C – Long Answer Questions (30 Marks)

Q27 – Q29 (6 × 3 = 18 marks)

Q27. Explain the steps involved in the planning process.
OR
Explain the importance of planning in modern business.

Q28. Explain the types of plans used in business management.
OR
Explain the difference between strategy, policy, procedure, and rule.

Q29. Explain the characteristics of planning.

🔷 Section D – Case Study Based Question (10 Marks)

Q30.

XYZ Ltd., a leading automobile company, wants to launch a new car model in the next financial year. The management decided to conduct market research, prepare production schedules, forecast demand, and develop strategies for pricing and promotion.

Questions:

a) Identify any two types of plans mentioned in the case. (2 marks)
b) Name the planning technique used to predict future demand. (2 marks)
c) State any two benefits of planning highlighted in the case. (4 marks)
d) Why is planning considered the primary function of management? (2 marks)