CUET Business StudiesBusiness Studies > Medium(A), (B), (C), (D)(A), (C), (B), (D)(B), (A), (D), (C)(C), (B), (D), (A)✅ Correct Option: 2Related questions:27 May Shift 2Match List-I with List-II List-IList-IITypes of PlanExplanation(A) Policy(I) Provide the prescribed ways or manner in which a task has to be performed(B) Rules(II) It is a plan which quantifies future activities(C) Methods(III) General statements that guide thinking or channelize energy towards a particular direction.(D) Budget(IV) Specific statements that inform what is to be done. Choose the correct answer from the options given below:13 May Shift 1Planning is an important function of management which involves defining the following: (A) Setting objectives (B) Deciding on plans, actions and strategies to achieve organisational goals (C) Allocating and arranging resources (D) Motivating and inspiring people to perform better Choose the correct answer from the options given below:3 June Shift 2Identify the type of plan which provides the manner in which a task has to be performed considering the objective.