CBSE Class 12 Business Studies 2014 Delhi Set 1 Paper
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Question : 4 of 27
Marks:
+1,
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Give the meaning of 'policy' as a type of plan,
Solution:
A policy is a blue print of organisation that aims at channelizing the efforts of an organisation in a particular direction. It is a course of action that is to be followed in a particular situation.
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