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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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Up to 25 questions from this page. Select your focus, then start.

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Medium · Level 4
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  1. Procedure
  2. Policy
  3. Rule
  4. Budget
Medium · Level 4
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  1. Rule
  2. Method
  3. Budget
  4. Policy
Medium · Level 4
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  1. By giving similar guidance in similar situations
  2. By giving different penalty in every situation
  3. By hiding every expense
  4. By changing technique of every task
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Method
  4. Budget
Medium · Level 4
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  1. Rule
  2. Budget
  3. Procedure
  4. Policy
Medium · Level 4
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  1. It is a general guiding statement for decision making
  2. It is only amount of expense
  3. It is only technique of one task
  4. It is a command without discretion
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Rule
  4. Method
Medium · Level 4
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  1. Suitable solution will be chosen in customer problems
  2. Door will be closed at seven
  3. Entry will not be allowed without permission
  4. Signature is compulsory on every bill
Medium · Level 4
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  1. Rule
  2. Policy
  3. Budget
  4. Programme
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Method
  4. Rule
Medium · Level 4
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  1. Rule
  2. Procedure
  3. Budget
  4. Policy
Medium · Level 4
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  1. Managers can decide within limits according to situation
  2. No rule remains
  3. Every expense becomes zero
  4. Procedure always ends
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Rule
  4. Method
Medium · Level 4
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  1. Solution will be chosen based on customer situation
  2. Experience will be valued in recruitment
  3. Machine will not start without safety belt
  4. Priority to eco friendly material in purchasing
Medium · Level 4
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  1. Rule
  2. Budget
  3. Method
  4. Policy
Medium · Level 4
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  1. By giving guidance in advance
  2. By starting fresh for every decision
  3. By hiding all alternatives
  4. By necessarily increasing expense
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Budget
  4. Rule
Medium · Level 4
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  1. Policy is decision guidance and strategy is competitive market direction
  2. Policy is expense amount and strategy is sequence
  3. Policy is machine method and strategy is rule
  4. Both are no discretion commands
Medium · Level 4
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  1. Rule
  2. Policy
  3. Budget
  4. Method
Medium · Level 4
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  1. Customer satisfaction must be increased
  2. Office must be cleaned
  3. Credit sales may be given only to reliable and regular customers
  4. Technique of oiling machine
Medium · Level 4
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  1. Procedure
  2. Rule
  3. Budget
  4. Policy
Medium · Level 4
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  1. Policy is guidance for decisions and budget is numerical financial plan
  2. Policy is always expense limit and budget is guidance
  3. Policy is order of steps and budget is technique
  4. Both are rules
Medium · Level 4
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  1. Procedure
  2. Policy
  3. Method
  4. Rule
Medium · Level 4
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  1. It gives guidance and consistency in decisions
  2. It converts every plan into budget
  3. It removes every target
  4. It only states machine technique
Medium · Level 4
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  1. It is a standing and general guiding plan for decision making
  2. It is only a one time programme
  3. It is a plan stating amount of expense
  4. It is a technique of doing one task

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