Which option shows vendor selection policy?
Quality and service criteria in vendor selection are policy. In exams understand selection criteria as policy.
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SubjectsBusiness Studies
नीति
In Class 12 Business Studies, this topic explains policy as a key type of standing plan within the chapter Planning. Students learn how policies provide broad guidelines for managerial thinking and decision-making while leaving room for judgment in different situations. The topic also helps distinguish policies from more specific plans such as procedures and rules, and shows how clear policies promote consistency, coordination and effective implementation of organisational objectives.
TOPIC PRACTICE
Up to 25 questions from this page. Select your focus, then start.
Quality and service criteria in vendor selection are policy. In exams understand selection criteria as policy.
Decision-making becomes easier when prior direction exists. In exams treat pre-decided guidance as a policy benefit.
Customer interest guidance in data sharing decision is policy. In exams identify privacy related guidance as policy.
The direct answer is C: prohibiting entry into a factory without an identity card is a strict rule. A policy gives a broad principle that guides judgement, while a rule gives a definite instruction that must be followed. Option C is correct because entry is expressly prohibited unless the person has the required identity card; there is little or no discretion. Option A is wrong because considering small suppliers in payment decisions is a general consideration that can guide different cases, so it is policy-like. Option B is wrong because giving importance to merit in recruitment is a broad decision principle and therefore a policy. Option D is wrong because listening respectfully to complaints is a general service guideline, not an exact prohibition. The decisive clue is “prohibited,” which indicates a fixed command. A rule may support a policy, but the two are not identical: policy explains the guiding direction, whereas rule states a compulsory action or restriction. Memory cue: “prohibited” usually means rule, not policy.
Same guidance brings consistency in similar decisions. In exams understand uniform decisions as policy benefit.
The direct answer is A, Decisions. The main work of a policy is to guide decisions in an organisation. Managers and employees often face similar situations, but every possible situation cannot be written as a strict rule. A policy gives a broad direction so that decisions remain consistent with organisational aims. Option A, decisions, is correct because policies influence what choice should be made and how a situation should be judged. Option B, machines, is wrong because a machine may be controlled by instructions, but policy itself is not mainly meant to guide machines. Option C, chairs, is irrelevant because furniture is a physical object, not a planning choice. Option D, receipts, is also wrong because a receipt records a transaction; it is not the main object of policy guidance. The concept is simple: objectives state what is to be achieved, while policies guide decisions used to achieve it. Memory cue: policy means “direction for deciding.”
General guidance for behaviour is policy. In exams identify customer dealing guideline as policy.
Policy is used in repeated decisions so it is a standing plan. In exams understand recurring use as standing plan.
Prioritising merit in recruitment decision is policy. In exams treat selection criteria as policy.
Repayment capacity is a guideline for loan decisions. In exams identify loan criteria as policy.
Policy gives similar decision direction in similar cases. In exams treat uniformity as a policy benefit.
Hearing both sides is fair guidance for complaint decisions. In exams connect fair hearing with policy.
Policy gives managers discretion within limits. In exams understand limited discretion as policy feature.
Environmental preference for supplier selection is policy. In exams treat purchase guideline as policy.
A policy provides general guidelines to managers for making decisions in similar situations that occur repeatedly. Therefore, it is most useful for recurring routine decisions. A highly unusual one-time decision usually needs separate analysis and a specific decision. Exam tip: Remember that a policy is a general decision guide, not a detailed sequence of actions for every situation.
The general principle of transparency in admission decisions is policy. In exams understand transparency guideline as policy.
Policy gives decision direction and objective states target. In exams keep guidance and result separate.
The direct answer is D: a privacy policy guides how customer data should be used. Privacy concerns the collection, storage, sharing, protection, and use of personal information. A policy gives general principles for these repeated decisions, such as using data only for a proper purpose, limiting access, and respecting consent. Option D is correct because it directly asks about handling customer data. Option A is wrong because chair placement is an office-arrangement decision. Option B is wrong because the colour of a receipt is a design or printing choice. Option C is wrong because deciding when to stop a machine concerns operations, safety, or maintenance, not privacy. The reasoning chain is: privacy relates to personal information; customer data is personal or business information requiring careful handling; guidance about its handling is a privacy policy. Do not mistake a policy for a procedure: the policy may say data must be protected, while a procedure may list the exact steps for access or deletion. Memory cue: privacy policy equals rules and guidance about personal data use.
Policy makes decisions guided and consistent. In exams treat direction plus consistency as policy purpose.
Ethical guidance for promotion decisions is policy. In exams treat ethical marketing guideline as policy.
Payment history criteria in credit sale decision is policy. In exams understand sales decision criteria as policy.
Policy guides decisions and method tells task technique. In exams keep guidance and technique separate.
The direct answer is A, Policy. A return policy gives general standards for deciding whether a returned product should be accepted. In this case, the company will examine the product’s condition and proof of purchase. These are criteria for judgment in several return cases, not a single instruction for one employee. Option A is correct because a policy guides repeated decisions and may allow evaluation of circumstances. Option B, Rule, would be a definite command such as “returns must always be made within seven days,” without normal discretion. Option C, Method, would explain the steps for inspecting or recording a return. Option D, Budget, is a financial plan showing expected income and expenditure; it does not decide product-return eligibility. Memory cue: repeated decision criteria for customers or employees usually indicate a policy.
A good policy is a clear and flexible guide. In exams treat clarity with flexibility as policy quality.
Direct answer: Option A, Organisation need and employee convenience. A transfer policy gives guidance for deciding when and where employees may be transferred. The organisation must consider its own staffing and operational needs, but a sensible policy can also consider the employee’s convenience or personal circumstances. Step by step: identify the transfer requirement; compare the organisation’s need with the employee-related consideration; then make a suitable decision. Option A is correct because both factors are relevant to a fair transfer decision. Option B, machine sound, is normally unrelated to an employee’s transfer and gives no useful personnel criterion. Option C, size of receipt, concerns a document or transaction, not staffing decisions. Option D, colour of chair, is an irrelevant physical detail and cannot normally guide transfer planning. A policy is not a random list of facts; it contains relevant principles for decisions. Memory cue: for employee matters, connect policy with fair, relevant and organisation-related criteria.
QUIZ COMPLETE