✓ Board-verified
Business Studies · 2025 · 4 marks
CBSE 2025 · Region 7 · Set 1 · Q25
'Mefco Ltd.' has been in online grocery e-commerce businessfor the last six years. Recently, it started facing increasingcompetition in the market. Understanding that speed of delivery inthe key differentiator amongst online business firms, 'Mefco Ltd.'planned to launch 'Mefco Fast', a service designed to deliver theproducts to the customers within $\displaystyle 10$ minutes. It studied the marketand made assumptions about the future regarding the convenienceoffered by such a service to the consumers who are increasinglyseeking faster delivery options.(a)Identify the step of the planning process highlighted in theabove case.(b)State the next three steps to be followed by 'Mefco Ltd.' afterthe step identified in (a) above.
'Mefco Ltd.' has been in online grocery e-commerce business
for the last six years. Recently, it started facing increasing
competition in the market. Understanding that speed of delivery in
the key differentiator amongst online business firms, 'Mefco Ltd.'
planned to launch 'Mefco Fast', a service designed to deliver the
products to the customers within $\displaystyle 10$ minutes. It studied the market
and made assumptions about the future regarding the convenience
offered by such a service to the consumers who are increasingly
seeking faster delivery options.
(a)
Identify the step of the planning process highlighted in the
above case.
(b)
State the next three steps to be followed by 'Mefco Ltd.' after
the step identified in (a) above.
Marking-scheme solution
(a)
The step of the planning process highlighted in the above case is
‘Developing premises’.
(b)
Next three steps to be followed by ‘Mefco Ltd.’ after the step
identified above are:
(i)
Identifying alternative courses of action, by discussing amongst
the members of the organization.
(ii)
Evaluating alternative courses of action by weighing pros and
cons of each alternative in the light of the objectives to be
achieved.
(iii)
Selecting an alternative which is most feasible, profitable and
with least negative consequences.
More from Planning
- Which of the following is not a limitation of planning function of management?2025
- Explain the following steps of the planning process: (i) Setting objectives (ii) Developing premises OR…2026
- Identify the feature of planning which states that the purpose of planning is to meet future events…2026
- Explain the following features of planning: (i) Planning focuses on achieving objectives. (ii) Planning is…2025
- State any four limitations of planning. OR Explain the following types of plans: (i) Strategy (ii) Procedure…2024
- Explain the following points of importance of planning: (i) Planning establishes standards for controlling…2026
- Explain the following features of planning: (i) Planning is continuous. (ii) Planning is futuristic. OR…2025
- Match the type of plan given in Column I with its meaning given in Column II. Column I Column II Policy (i) A…2025
CBSE Class 12 Business Studies past-paper question from the 2025board exam, with the answer as CBSE’s own marking scheme gives it. Where our answers come from.