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Question

The subordinates are given complete freedom in taking decisions. This is a part of _____________.


A

Strategy

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B

Rule

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C

Policy

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D

Procedure

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Solution

The correct option is C

Policy


Answer (c) Policy

Explanation: Business Policy characterises the spheres or scope inside which choices can be taken by the subordinates in an organisation. Business policies are the rules created by an organisation to administer its activities. They characterise the cutoff points inside which decisions should be made.


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