Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Match List I with List II

List I List II
A. Objectives I. General Statements
B. Strategy II. Routine steps
C. Policy III. Comprehensive plan
D. Procedure IV. End point of planning

Choose the correct answer from the options given below :

Options:

A-IV, B-III, C-II, D-I

A-IV, B-II, C-III, D-I

A-IV, B-I, C-III, D-II

A-IV, B-III, C-I, D-II

Correct Answer:

A-IV, B-III, C-I, D-II

Explanation:

The correct answer is option (4) : A-IV, B-III, C-I, D-II

The correct match between List I and List II is :

A. Objectives - IV. End point of planning

B. Strategy - III. Comprehensive plan

C. Policy - I. General Statements

D. Procedure - II. Routine steps

A. Objectives are the general statements that provide a clear direction and purpose for an organization's actions. Objectives serve as the end points of planning because they define what an organization aims to achieve.

B. Strategy is a comprehensive plan that outlines how an organization will achieve its objectives. It involves a high-level approach and the allocation of resources to reach those objectives.

C. Policy consists of general statements that set the framework and guidelines for decision-making within an organization. It provides a broad perspective on how certain matters should be handled.

D. Procedure involves routine steps or a set of detailed, specific actions that need to be followed to implement policies and strategies effectively. Procedures provide the detailed instructions for carrying out tasks and operations.