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Rama Stationery Mart Has Made a Decision to Make All the Payments by E-transfers Only. Identify the Type of Plan Adopted by Rama Stationery Mart. - Business Studies

Short Note

Rama Stationery Mart has made a decision to make all  the payments by e-transfers only. Identify the type of plan  adopted by Rama Stationery Mart.

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Solution

The type of plan adopted by Rama stationary mart is a policy. Policies are general statements that guide thinking or channelize energies towards a particular direction.

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APPEARS IN

NCERT Class 12 Business Studies Part 1 - Principles and Functions of Management
Chapter 4 Planning
Very Short Answer | Q 4 | Page 109
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