Match List-I with List-II

List-I	List-II
(Type of Plan)	(Aspect of Plan)
(A) Objectives	(I) The desired future position that the management would like to achieve
(B) Strategy	(II) The general statement that guides thinking
(C) Policy	(III) The broad contours of an organisation's business
(D) Procedures	(IV) Routine steps on how to carry out activities

Choose the correct answer from the options given below:

Option 1 -> (A)-(I), (B)-(II), (C)-(III), (D)-(IV) - Incorrectly matches Strategy with "general statement that guides thinking" (that's Policy) and Policy with "broad contours" (that's Strategy).

Option 2 -> (A)-(I), (B)-(III), (C)-(II), (D)-(IV) - Correctly matches: Objectives with desired future position, Strategy with broad contours of business, Policy with general guiding statements, and Procedures with routine steps.

Option 3 -> (A)-(I), (B)-(II), (C)-(IV), (D)-(III) - Incorrectly swaps the matches for Strategy, Policy, and Procedures.

Option 4 -> (A)-(III), (B)-(IV), (C)-(I), (D)-(II) - Completely mismatches all elements, placing Objectives as broad contours instead of desired future position.

Hence, Option 2: (A)-(I), (B)-(III), (C)-(II), (D)-(IV) -> Objectives represent the desired future position management wants to reach; Strategy defines the broad contours/framework of the organization's business approach; Policy provides general statements that guide decision-making and thinking; Procedures are the routine, step-by-step instructions for carrying out specific activities -> correct