Match the following lists LIST I

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Target Exam

CUET

Subject

Business Studies

Chapter

Planning

Question:

Match the following lists

LIST I	LIST II
A) Objectives	I) General statements that guide
B) Policy	II) Statement of expected results
C) Rule	III) Statements that tell what is to be done
D) Budget	IV) Desired future position

Choose the correct answer from the options given below.

Options:

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

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

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

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

Correct Answer:

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

Explanation:

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

LIST I	LIST II
A) Objectives	IV) Desired future position
B) Policy	I) General statements that guide
C) Rule	III) Statements that tell what is to be done
D) Budget	II) Statement of expected results

* 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.