CBSE Class 12 Business Studies 2021 Outside Delhi set 1

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Question : 58
Total: 60
Ritu Kapoor has set up a bakery, bakes and Cakes' in Pune. She receives online orders for cakes from within the city and supplies them on the same day. She set a target that she would earn a revenue of 5,00,000 in the first year. She informed her employees about the target and asked them to contribute ideas to achieve the same :
Ritu Kapoor has performed the first step in the process of one of the functions of management. The next step to be performed is:
Solution:  
(c) Developing premises
The next step to be performed by Ritu Kapoor is developing premises. Developing premises is the second step in the planning process. A manager is required to make certain assumption about the future and these are known as premises.
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