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Subjects
Class 12Business StudiesPlanningTypes of plansEasyLevel 95
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A company's thinking that local suppliers will be preferred comes under which plan?

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Answer and explanation

Correct answer: Policy

Policy gives general guidance for decision-making. In exams treat general preference guidance as policy.

Related tags

PlanningTypes-Of-PlansPolicy

Frequently asked questions

What is the correct answer to this question?

Policy

Why is this the correct answer?

Policy gives general guidance for decision-making. In exams treat general preference guidance as policy.

Which subject and chapter does this question cover?

This is a Class 12 Business Studies question. Chapter: Planning. Topic: Types of plans.

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10 more MCQs
  1. 1In planning which type of plan states what the organisation wants to achieve?
  2. 2Employees must come to office on time. Which type of plan is this?
  3. 3A long-term comprehensive plan for launching a new product is called what?
  4. 4Screening applications and then taking interviews for recruitment shows which type of plan?
  5. 5The best prescribed way of doing a task is given in which plan?
  6. 6Fixing date budget responsible persons and activities for a cleanliness drive is an example of which plan?
  7. 7Which plan is used repeatedly?
  8. 8A plan made only once for a specific fair is called what?
  9. 9A company says credit sales will be made only to reliable customers. Which plan does this show?
  10. 10Checking the safety switch first and then pressing the main button to run a machine comes under which plan?
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