An institution says education projects and skill development will be given priority in social donations. This relates to which plan?
It gives social priority guidance to donation decisions. In exams understand social spending guidance 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 social priority guidance to donation decisions. In exams understand social spending guidance as policy.
Policy gives qualitative guidance and budget states amount plan. In exams keep guidance and money plan separate.
It gives general criteria for selection decisions. In exams identify selection criteria as policy.
The first statement gives broad guidance and others are specific commands. In exams treat broader statement as policy.
It gives privacy guidance to data deletion decisions. In exams understand data decision criteria as policy.
It gives priority direction to training decisions. In exams treat allocation priority as policy.
The direct answer is A: policy best answers, “In which general direction should a decision be taken?” A policy is a broad statement that guides repeated decisions. It tells employees the preferred approach but usually permits judgment according to the facts of each case. Reasoning step by step: a decision is required; the policy supplies a common direction; the person responsible applies that direction to the actual situation. Option A is correct because general decision direction is the central meaning of policy. Option B asks how much money will be spent, which is a budget question. Option C asks the order in which every stage will occur, which describes a procedure or method. Option D asks about a machine technique, which is a technical or operational matter, not the general policy question. Do not choose an option merely because it sounds like planning; identify the exact function. Memory cue: policy answers “which way?”, procedure answers “in what order?”, and budget answers “how much money?”
It gives flexible criteria to exchange decisions. In exams treat customer relationship consideration as policy.
No entry without identity card is a no discretion rule. In exams identify strict prohibition as rule.
It gives safety priority to product change decisions. In exams treat priority guidance as policy.
A policy and a strategy both guide organisational decisions, but they operate at different levels. A policy is a broad, recurring guideline that helps people decide how to act in usual situations. A strategy is a long-term, competitive direction chosen to achieve important objectives in relation to the external environment, such as customers, competitors, or markets. Confusion can arise when a general statement about decision-making is treated as if it were the organisation’s market or competitive direction.
Option A expresses this possible confusion correctly. An expense amount is mainly a financial figure and may belong to a budget, not necessarily to the policy-strategy distinction. A statement about machine technique concerns an operating method or technology. A written order of steps describes a procedure. The deciding test is whether the statement gives routine guidance or sets a broad competitive course. Policy guides recurring choices; strategy determines where and how the organisation will compete.
It gives corrective direction to discipline decisions. In exams understand correction oriented guidance as policy.
Policy is a standing guide for recurring decisions. In exams treat repeated guidance as policy.
It gives priority direction to assistance distribution decisions. In exams treat beneficiary priority as policy.
It gives general priority direction to complaint decisions. In exams treat priority based decision guidance as policy.
The fourth statement states order of steps so it is procedure. In exams identify ordered steps as procedure.
It gives general criteria for fee concession decisions. In exams understand concession criteria as policy.
It gives flexible guidance to refund decisions. In exams treat multiple factors considered as policy.
It gives priority direction in medicine distribution decisions. In exams identify patient priority guidance as policy.
It gives general direction and discretion in purchase decisions. In exams understand may be given opportunity as policy.
Policy sets limits and direction of decisions. In exams treat controlled freedom as a feature of policy.
The second option states amount limit of expense so it is budget. In exams identify rupee amount limit as budget.
A policy is a broad guideline that helps managers make decisions in recurring situations. It does not usually prescribe one exact sequence of steps, nor does it simply command that something must or must not be done. Instead, it provides a general area of judgment while allowing the decision-maker to consider relevant circumstances.
Option C is correct because the insurer gives a guiding basis for deciding claims: both the documents and the customer’s actual situation should be considered. This leaves room for judgment in individual cases. A procedure would describe an ordered process, a rule would be an inflexible instruction, and a method would describe a particular way of performing a task. The statement is therefore a policy.
Policy guides decisions and strategy chooses competitive route. In exams keep guidance and market route separate.
It gives situation based guidance in late delivery decisions. In exams treat situation based criteria as policy.
QUIZ COMPLETE