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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 7 · 2 questions

TOPIC PRACTICE

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Up to 2 questions from this page. Select your focus, then start.

2 questions

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  1. There will be confusion in compliance and interpretation
  2. All objectives will be achieved automatically
  3. Budget will always increase
  4. Need for strategy will end
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  1. Because it prescribes conduct for future situations in advance
  2. Because it only describes a past mistake
  3. Because it is always an estimate of expenditure
  4. Because it depends on employees’ personal wishes

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