Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Procedures are steps to be carried out within a broad _____ framework.

Options:

Policy

Strategy

Budgetary

Regulatory

Correct Answer:

Policy

Explanation:

The correct answer is Option (1) → Policy

  • Procedures → Step-by-step instructions that specify how activities should be performed.

  • These procedures operate within the broader framework of a policy, which provides general guidelines for decision-making.

  • Policy = "What is to be done" (broad guideline)

  • Procedure = "How it is to be done" (specific steps)