12th Class Business Studies Sample Paper Business Studies Sample Paper-10

  • question_answer
    Explain how planning is a 'mental exercise'.

    Answer:

    Planning is a 'mental exercise' because of the reasons stated below: (i) It requires application of the mind involving foresight, intelligent imagination and sound judgement. (ii) It is basically an intellectual activity of thinking rather than doing because planning determines the actions to be taken. (iii) It requires logical and systematic thinking rather than guesswork or intuitional thinking. In other words, thinking for planning must be orderly, based on the analysis of facts and forecasts.


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