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Distinguish between the following: Objective and Policy - Commerce

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प्रश्न

Distinguish between the following:

Objective and Policy

फरक स्पष्ट करा
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उत्तर

No. Objectives Policies
1. Ends towards which all activities of an organisation are directed. Guidelines which facilitate the accomplishment of predetermined objectives.
2. Determine what is to be done. Determine how the work is to be done.
3. End-points of planning. Means by which objectives are to be achieved.
4. Determined by top management and owners. Formulated at top, middle and lower levels.
5. One objective may require more than one policy. Every policy relates to one particular objective.
6. Derived from philosophy of business. Derived from objectives. Provide meaning and content to objectives.
7. Indicate the destination. Provide the route.
8. Basic to the very existence of an organisation. Not basic to existence.
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पाठ 8: Planning - EXERCISES [पृष्ठ २२५]

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सी. बी. गुप्ता Commerce Volume 2 [English] Class 12 ISC
पाठ 8 Planning
EXERCISES | Q 8. (a) | पृष्ठ २२५
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