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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

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Expert · Level 6
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  1. Procedure
  2. Budget
  3. Policy
  4. Rule
Expert · Level 6
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  1. Rule
  2. Policy
  3. Budget
  4. Method
Expert · Level 6
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  1. Procedure
  2. Programme
  3. Policy
  4. Budget
Expert · Level 6
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  1. Method
  2. Policy
  3. Rule
  4. Budget
Expert · Level 6
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  1. Policy is decision guidance and method is technique of a task
  2. Policy is technique and method is decision guidance
  3. Both are amount plans
  4. Both are one time activities
Expert · Level 6
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  1. Rule
  2. Procedure
  3. Policy
  4. Budget
Expert · Level 6
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  1. When it gives discretion according to situation
  2. When it states decision criteria
  3. When it gives exact order in every case without exception
  4. When it gives guidance in repeated decisions
Expert · Level 6
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  1. Budget
  2. Policy
  3. Method
  4. Programme
Expert · Level 6
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  1. It is a standing general guide for recurring decisions that gives discretion within limits
  2. It is only technique of one task
  3. It is only expense amount
  4. It is fixed sequence of steps
Expert · Level 6
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  1. Rule
  2. Policy
  3. Programme
  4. Method
Expert · Level 6
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  1. Politeness will be maintained in customer service
  2. Merit will get importance in recruitment
  3. Combined organisation of training posters mock drill and reporting for safety awareness month
  4. Certified sources will get priority in purchase
Expert · Level 6
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  1. Method
  2. Policy
  3. Budget
  4. Rule
Expert · Level 6
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  1. When similar guiding criteria apply in similar cases
  2. When every manager decides as per wish
  3. When there is no criterion
  4. When all decisions remain hidden
Expert · Level 6
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  1. Procedure
  2. Rule
  3. Policy
  4. Method
Expert · Level 6
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  1. Policy
  2. Rule
  3. Budget
  4. Method
Expert · Level 6
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  1. Fairness will be maintained in customer cases
  2. Expense limit of rupees 18 lakh will be kept on employee health programme next year
  3. Labour safety will be considered in purchasing
  4. Both sides will be heard in complaints
Expert · Level 6
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  1. Procedure
  2. Rule
  3. Policy
  4. Method
Expert · Level 6
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  1. Strategy
  2. Budget
  3. Programme
  4. Policy
Expert · Level 6
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  1. When the policy starts being applied in different meanings by different managers
  2. When policy gives consistent decisions in similar cases
  3. When policy gives discretion with limits
  4. When policy matches organisational values
Expert · Level 6
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  1. Choosing solution after seeing customer situation is policy and steps of solution approval are procedure
  2. Customer situation is procedure and approval steps are policy
  3. Both are rules
  4. Both are budgets
Expert · Level 6
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  1. Budget
  2. Policy
  3. Programme
  4. Method
Expert · Level 6
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  1. Situation will be considered in customer dispute
  2. Honesty will be valued in recruitment
  3. Goods will not be released without approved inspection report
  4. Local sources may be given opportunity in purchasing
Expert · Level 6
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  1. Procedure
  2. Method
  3. Budget
  4. Policy
Expert · Level 6
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  1. When it clarifies the basis and limit of decision
  2. When it hides every decision
  3. When it gives no criteria
  4. When it states only expense amount
Expert · Level 6
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  1. Rule
  2. Policy
  3. Budget
  4. Programme

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