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Distinguish between the following: Rule and Method - Commerce

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Question

Distinguish between the following:

Rule and Method

Distinguish Between
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Solution 1

No. Rule Methods
1. Guide to behaviour One best way of doing things
2. Requires strict adherence and self control Standardised and simplified way of doing things
3. Designed to achieve discipline and order Designed to achieve efficiency and economy of operations
4. Result of objectives, values and common sense Result of research and analysis
5. Penalty for violation laid down Penalty not laid down
6. Do not always form part of a procedure Constitute part of a procedure
7. Regarded as official and authoritative Regarded as logical or rational
8. No standardisation required Standardisation required
9. Associated with control Not associated directly with control
10. Relate to behaviour of people Relate to work or tasks
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Solution 2

Basis of Distinction Rule Method
1. Meaning A specific guideline to behaviour One best way of doing work
2. Purpose To maintain discipline and order To maximise efficiency and economy
3. Source Result of managerial thinking and values Result of research and experimentation
4. Adherence Calls for strict adherence and self control Calls for standardisation and simplification
5. Penalty No tolerance limits- penalty for violation Tolerance limits laid down for deviations from the standard method
6. Part of procedure Does not always form part of a procedure Always forms a part of procedure
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Chapter 8: Planning - EXERCISES [Page 225]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
EXERCISES | Q 8. (d) | Page 225
C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
QUESTION BANK | Q 8. | Page 227
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