Practicing Success

Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Match the following:

1. Objectives A. General statements that guide
2. Policy B. Statement of expected results
3. Rule C. Statements that tell what is to be done
4. Budget D. Desired future position

 

Options:

1-A, 2-D, 3-C, 4-B

1-B, 2-A, 3-C, 4-D

1-C, 2-A, 3-D, 4-B

1-D, 2-A, 3-C, 4-B

Correct Answer:

1-D, 2-A, 3-C, 4-B

Explanation:

The correct answer is option 4 i.e. 1-D, 2-A, 3-C, 4-B

* Objectives: Objectives can be said to be the desired future position that the management would like to reach.

* Policy: Policies are general statements that guide or channelize energies towards a particular direction.

* Rule: Rules are specific statements that tell what is to be done.

* Budget: A budget is a statement of expected results expressed in numerical terms.