Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Identify the type of plan which provides the manner in which a task has to be performed considering the objective.

Options:

Method

Procedure

Policy

Strategy

Correct Answer:

Method

Explanation:

The correct answer is Option (1) → Method

  • A Method specifies the exact manner or way in which a task has to be performed, keeping the objective in mind. Example: The method of training employees could be on-the-job or off-the-job.

  • Procedure → Step-by-step sequence of actions for executing a task.

  • Policy → General guideline for decision-making.

  • Strategy → Comprehensive plan to achieve long-term objectives, considering competition and resources.