Question

Match the following:

(1) Policy	(a) Guidelines for repetitive problems
(2) Budget	(b) Quantitative plan of action
(3) Project	(c) Scheme for deployment of resources
(4) Rule	(d) Rigid plan, no scope for discretion

• A. 1-a; 2-c; 3-d; 4-b
• B. 1-a; 2-b; 3-c; 4-d
• C. 1-b; 2-a; 3-c; 4-d
• D. 1-d; 2-c; 3-b; 4-a

Answer 1

Answer: (B)

1-a; 2-b; 3-c; 4-d

Policy, budget, project and rule are the types of plans. Policies are the organisation's own way of handling the problems. Budget is the statement of expected result expressed in numerical terms. Project is the way utilising the resources. Rules spell out special actions or non actions of the employees.