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Business Studies · 2023 · 6 marks
CBSE 2023 · Region 1 · Set 3 · Q32
‘It involves setting objectives and developing appropriate course of action from amongst the different alternative courses of action to achieve these…
‘It involves setting objectives and developing
appropriate course of action from amongst the different
alternative courses of action to achieve these objectives.’
(a)
Identify the function of management referred above.
(b)
State any five features of the function of
management identified in (a) above.
Marking-scheme solution
(a)
Planning
(b)
Features of the function of management:
(i)
Planning focuses on achieving objectives. Planning
has no meaning unless it contributes to the
achievement of predetermined organisational goals.
(ii)
Planning is a primary function of management. It
lays down the base for other functions of
management.
(iii)
Planning is pervasive function of management. It is
required at all levels of management as well as in
all departments of the organisation.
(iv)
Planning is continuous function of management. It
means that a plan is framed, it is implemented, and
is followed by another plan, and so on.
(v)
Planning is futuristic. Planning is regarded as a
forward looking function based on forecasting.
(vi)
Planning involves decision making. It essentially
involves choice from among various alternatives
and activities.
(vii)
Planning is a mental exercise. It requires
application of the mind involving foresight,
intelligent imagination and sound judgement.
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CBSE Class 12 Business Studies past-paper question from the 2023 board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.