Which of the following is NOT a characteristic of rules?

None of the above

The correct answer is option 4 i.e. none of the above.

All 3 statements are true about the rule. Rules are specific statements that inform what is to be done. They do not allow for any flexibility or discretion. It reflects a managerial decision that a certain action must or must not be taken. They are usually the simplest type of plans because there is no compromise or change unless a policy decision is taken.