CBSE Class 12 Business Studies 2021 Outside Delhi set 1

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Question : 41
Total: 60
The step in the process of 'planning' which is concerned with putting the plan into action i.e. doing what is required is called :
Solution:  
(a) Implementing the plan
The process of planning which is concerned with putting the plan into action is called as implementing the plan. This step is concerned with putting the plan into action, i.e. doing what is required, e.g. If there is a plan to increase production then more labour and more machinery will be required. This is the step where other managerial functions also come into the picture.
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