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Subjects

Business Studies

Rule

In Class 12 Business Studies, this topic explains rules as a type of plan used to guide behaviour and decision-making within an organisation. Students learn that a rule clearly states what must or must not be done, helping maintain discipline, consistency and order while implementing a plan. The topic also helps distinguish rules from policies, procedures and methods, and understand their importance and limitations in business planning through practical examples.

Easy · Level 7 · 2 questions

TOPIC PRACTICE

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2 questions

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  1. Because it makes action clear and disciplined
  2. Because it always fixes profit
  3. Because it removes market risk
  4. Because it changes tax law
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  1. Rule
  2. Policy
  3. Budget
  4. Strategy

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