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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.
Correct answer: A. It gives flexibility with consistency
Explanation: Limited adjustment makes policy practical but boundaries are necessary. In exams treat flexibility within limits as good policy.
