Muft Shiksha
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Subjects

Business Studies

Policy

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

Quiz this set

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5 questions

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Easy · Level 7
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  1. In policy
  2. In rule
  3. In neither
  4. Only in budget
Easy · Level 7
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  1. Valuing customer data privacy and technical technique of data backup
  2. Data backup technique and privacy importance
  3. Sales target and no entry rule
  4. Payment procedure and budget amount
Easy · Level 7
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  1. It gives guidance repeatedly in recurring decisions
  2. It states expense only for one day
  3. It is a one-time event schedule
  4. It is an exact machine technique
Easy · Level 7
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  1. Policy
  2. Rule
  3. Method
  4. Procedure
Easy · Level 7
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  1. Manager can decide according to situation within set guidance
  2. Manager can break every rule
  3. Manager decides without any direction
  4. Manager only writes budget amount

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