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CBSE Class 12 Business Studies 2025 All Sets Solved Paper
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Question : 8 of 20
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Read the following statements carefully:
Statement I: A single-use plan is used for activities that occur regularly over a period of time.
Statement II: Policies are a general form of standing plans that specify the organisation's response to a certain situation.
In the light of the above statements, choose the correct alternative from the following:
Statement I: A single-use plan is used for activities that occur regularly over a period of time.
Statement II: Policies are a general form of standing plans that specify the organisation's response to a certain situation.
In the light of the above statements, choose the correct alternative from the following:
Solution:
To evaluate the statements, we need to understand the definitions of single-use plans and policies. A single-use plan is designed for a one-time project or event, not for activities that occur regularly. Therefore, Statement I is false.
On the other hand, policies are indeed a general form of standing plans that guide an organization's response to specific situations, making Statement II true.
On the other hand, policies are indeed a general form of standing plans that guide an organization's response to specific situations, making Statement II true.
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