English

They provide a basis for interpreting strategy, which is usually stated in general terms. - Commerce

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Question

They provide a basis for interpreting strategy, which is usually stated in general terms.

Options

  • Policies

  • Procedures

  • Objectives

  • Programmes

MCQ
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Solution

Policies

Explanation:

Policies are general guidelines that help in decision-making and provide a framework for interpreting strategies, especially when strategies are broad or stated in general terms. They ensure that the actions taken are consistent with the organization’s overall direction.

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Chapter 8: Planning - QUESTIONS [Page 234]

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C. B. Gupta Commerce Volume 2 [English] Class 12 ISC
Chapter 8 Planning
QUESTIONS | Q 20. | Page 234
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