A company says that in bonus decision not only sales but customer complaint record will also be considered. What is this?
It gives balanced performance criteria to bonus decisions. In exams treat reward 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.
It gives balanced performance criteria to bonus decisions. In exams treat reward criteria as policy.
It gives social priority direction to donation decisions. In exams treat social spending guidance as policy.
Policy does not give full freedom but gives limited discretion. In exams remember limits plus judgement.
Direct answer: Option B, Policy. The office is giving guidance for deciding whether overtime should be approved. It will consider two relevant factors—urgency of the work and employee availability—rather than applying one automatic command. Reasoning: an overtime request is received; the urgency of the work is assessed; available staff are considered; then approval is decided using these factors. Option A, Budget, is wrong because a budget is a quantified plan of expected income, expenditure or resource use; the statement does not give amounts. Option B is correct because it gives decision criteria while allowing judgment. Option C, Method, is wrong because a method explains how to perform a task, such as a particular way of completing work, not how to judge an approval request. Option D, Programme, is wrong because a programme is a coordinated plan of activities, usually with tasks, sequence, responsibility or time. This statement is only a guiding standard for decisions. Memory cue: relevant factors used to approve or reject requests usually indicate policy.
Fairness is decision guidance and premium service is competitive direction. In exams keep guidance and market route separate.
It gives value based priority in product recall decisions. In exams identify safety first guidance as policy.
Value based policy gives managers similar direction. In exams remember the values to decisions role.
It gives ethical direction to conflict of interest decisions. In exams treat ethics guidance as policy.
The direct answer is B: reducing refund disputes by 18 percent in six months is a clear objective. An objective states a desired result, often in measurable and time-bound form. Option A is a policy because it gives a broad behavioural guideline—show empathy—without a precise numerical result or deadline. Option B is correct because it specifies what must change, by how much, and by when: disputes must fall by 18 percent within six months. Option C is a policy because it guides purchasing decisions by giving preference to certified sources; it does not state a quantified target. Option D is a policy because hearing both sides is a general principle for handling employee matters, not a measured outcome. Exam cue: a percentage plus a time period usually signals a measurable objective, while words such as “priority,” “will be valued,” or “both sides” usually express policy guidance. The supplied answer is accurate.
It gives fair criteria to compensation decisions. In exams understand compensation guidance as policy.
Quick hearing is decision guidance and activities package is programme. In exams keep guidance and activity set separate.
It gives criteria for fee assistance decisions. In exams treat aid decision guidance as policy.
Clear policy makes decisions consistent and reasoned. In exams treat decision quality as a policy benefit.
It gives balanced and fair direction to strict decisions. In exams understand disciplinary criteria as policy.
Policy directs decisions and method states the way of doing work. In exams keep guidance and technique separate.
It gives situation based discretion in payment decisions. In exams treat may be given priority as a policy signal.
It gives guidance with limits for credit decisions. In exams treat multi criteria discretionary decisions as policy.
The third option states a fixed sequence of steps so it is procedure. In exams distinguish sequence from guidance.
It gives situation based priority in assistance decisions. In exams understand priority with limited discretion as policy.
Direct answer: Option B, customer complaints must be reduced by 22 percent next year. An objective is a specific result that an organisation wants to achieve. It may be measurable, time-bound or expressed through a number. Option B contains both a measurable figure, 22 percent, and a time limit, next year; therefore it describes an objective. Option A says that complaints will receive a fair hearing. This is a guiding principle for decisions, so it is a policy. Option C gives a guiding preference for choosing certified suppliers, so it is a policy. Option D gives a value-based direction for dealing with employees, so it is also a policy. The distinction is not that one sentence is longer; it is that an objective states a desired result, whereas a policy guides action. Memory cue: number plus deadline usually signals an objective.
It gives general direction for sensitive information decisions. In exams treat transparency and obligation based guidance as policy.
It gives fair criteria for inquiry decisions. In exams understand fair decision guidance as policy.
Clear policy makes decisions consistent and reasoned. In exams treat criteria and limits as strength of policy.
It gives value based direction to privacy related decisions. In exams identify data use guidance as policy.
It gives confidentiality and evidence based direction to sensitive complaint decisions. In exams treat value based decision guidance as policy.
QUIZ COMPLETE