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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.

Medium · Level 2 · 25 questions

TOPIC PRACTICE

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

25 questions

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  1. It should always remain secret
  2. It should be understood by employees
  3. It should not relate to any purpose
  4. It should be changed daily
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  1. Rule
  2. Policy
  3. Strategy
  4. Goal
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  1. Procedure
  2. Policy
  3. Programme
  4. Rule
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  1. Flexibility
  2. Forecasting
  3. Rigidity
  4. Diversification
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  1. Where a fixed action is required in every situation
  2. Where an activity has to be completely prohibited
  3. Where broad guidelines and discretion are needed for decision-making
  4. Where a fixed penalty is prescribed for violating a rule
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  1. Behavioural control
  2. Weather control
  3. Market price control
  4. Currency control
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  1. You may fill the form if you want
  2. The form may be useful sometime
  3. The form may be considered
  4. Filling the form is compulsory
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  1. Standardised behaviour
  2. Arbitrary behaviour
  3. Disciplined behaviour
  4. Uniform behaviour
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  1. Budget
  2. Rule
  3. Mission
  4. Strategy
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  1. Discipline and monitoring
  2. An order without purpose
  3. Changing the rule every day
  4. Announcing the rule secretly
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  1. Unequal action
  2. Uniform action
  3. Greater confusion in work
  4. Unplanned expenditure
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  1. Standardising work performance
  2. Determining long-term organisational objectives
  3. Establishing a capital market
  4. Eliminating external competitors
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  1. Only for the whole country
  2. Only for banks
  3. For a specific department or whole organisation
  4. Only for owner
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  1. So that compliance with the rule becomes optional
  2. So that the purpose of the rule is eliminated
  3. So that its meaning remains clear and it can serve as evidence
  4. So that the organisation's budget is exhausted
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  1. Opportunity to hide organisational goals
  2. Uncertainty about punishment
  3. Knowledge of expected behaviour
  4. Freedom to work without direction
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  1. A rule gives a clear instruction for an action, whereas a programme is a detailed single-use plan of activities for an objective.
  2. A rule is a sequence of activities, whereas a programme is only a compulsory instruction.
  3. A rule states estimated expenditure, whereas a programme only states income.
  4. A rule gives managers complete freedom, whereas a programme includes no activities.
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  1. Organisational discipline
  2. Market demand for the product
  3. Legal structure of the company
  4. Number of competitors in the industry
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  1. One that confuses everyone
  2. One not communicated to anyone
  3. One having different meaning for each person
  4. One linked with a relevant objective
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  1. Strictness and practicality
  2. Flexibility and ambiguity
  3. Hiding profit and loss
  4. Cost and rumour
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  1. What is the organisation's final objective?
  2. How much profit will be earned?
  3. How large is the market?
  4. What is to be done or not done?
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  1. Unauthorised or unnecessary purchases are controlled
  2. Market demand for the product decreases
  3. The product design changes automatically
  4. Advertising expenditure increases
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  1. Policy
  2. Objective
  3. Rule
  4. Budget
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  1. Rule states ordered steps
  2. Procedure states the sequence of doing work
  3. Procedure only states prohibition
  4. Both are always same
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  1. Dividend
  2. Merger
  3. Safety
  4. Branding
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  1. Because it only estimates future conditions
  2. Because it expresses the organisation’s long-term goal
  3. Because it suggests a general course of action
  4. Because it prescribes fixed behaviour in a situation

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