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Business Studies · 2024 · 6 marks
CBSE 2024 · Region 2 · Set 1 · Q33
(a) Informal
(a)
Informal
OR
(b)
Explain any four points of importance of lanning function of
management.
Marking-scheme solution
Difference between Formal Organisation and Informal
Organisation (Any six)
| Basis | Formal Organisation | Informal Organisation |
| i Meaning | It is a structure of authority relationships created by management | It is a network of social relation-ships arising out of interac-tion among employees. |
| ii Origin | It arises as a result of company rules and policies | It arises as a result of social interaction. |
| iii Authority | It arises out of postion in manage- ment.. | It arises out of personal qualities. |
| iv Behaviour | It is directed by rules | There is no set behaviour pattern. |
| v Nature | It is rigid in nature. | It is flexible in nature. |
| vi Leadership | Managers are leaders | Leaders may or not be managers. They are selec- ted by the group. |
| vii Flow of communicatio n | Communication takes place through the scalar chain | Flow of communication is not through a planned route. It can take place in any direction. |
Explain any four points of importance of Planning function of
management.
(b)
Importance of Planning function of management:
(i)
Planning provides direction.
(ii)
Planning reduces the risk of uncertainty.
(iii)
Planning reduces overlapping and wasteful activities.
(iv)
Planning promotes innovative ideas.
(v)
Planning facilitates decision making.
(vi)
Planning establishes standards for controlling
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CBSE Class 12 Business Studies past-paper question from the 2024 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.