CameraIcon

SearchIcon

MyQuestionIcon

2

You visited us 2 times! Enjoying our articles? Unlock Full Access!

Business Studies

Types of Plans

The main func...

Question

The main function of business planning is to provide and implement the ___________.

A

Formal & straight business plan

No worries! We‘ve got your back. Try BYJU‘S free classes today!

B

Good & systematic business plan

No worries! We‘ve got your back. Try BYJU‘S free classes today!

C

Informal & systematic business plan

No worries! We‘ve got your back. Try BYJU‘S free classes today!

D

Formal & systematic business plan

Right on! Give the BNAT exam to get a 100% scholarship for BYJUS courses

Open in App

Solution

The correct option is D Formal & systematic business plan
Planning is the primary function of management and involves thinking in advance regarding what is to be done etc. It involves selection of objectives, policies, procedures and programmes from among alternatives. The main function of business planning is to provide and implement formal and systematic business plan.

Suggest Corrections

thumbs-up

0

Similar questions

Q. Which of the following implies systematic, critical and special examination of the records of a business for a specific purpose?

'Planning is not a guarantee of success of a business.'

Q. 'Planning is not a guarantee of success of a business'. Comment.

Q. Write a word or phrase or a term which can substitute each one of the following statements.

1. Name of the analysis which is the systematic approach to understanding the environment.
2. Uncontrollable factors of the business environment.
3. The environment of business includes customs and traditions, values, social tends.
4. The process of transferring ownership of a business enterprise, agency or public service from the public sector to private sector.
5. A boundaryless world where there would be free flow of goods, services, information, capital and people across nations.

Q. In developing a Business Plan and a Business Model,__________are generally found apprehensive of myths and misconceptions about the process

View More

Join BYJU'S Learning Program

similar_icon

Related Videos

lock

Types of Plan

BUSINESS STUDIES

Watch in App

explore_more_icon

Explore more

Standard XII Business Studies

Join BYJU'S Learning Program

CrossIcon