Match List-I with List-II

List-I	List-II
Types of plan	Meaning
(A) Objectives	(I) Specific statements that inform what is to be done.
(B) Policy	(II) Broad contours of an organization's business.
(C) Strategies	(III) Ends that the management seeks to achieve.
(D) Rule	(IV) Provides a basis for interpreting the strategy.

Choose the correct answer from the options given below:

Option 1 -> Mismatches objectives with rules, policies with strategies, strategies with objectives, and rules with policies - concepts are incorrectly paired.

Option 2 -> Correctly matches: Objectives with ends to achieve, Policy with basis for strategy interpretation, Strategies with broad business contours, and Rule with specific statements on what to be done.

Option 3 -> Incorrectly pairs objectives with broad contours, policies with ends, and strategies with interpretation basis - fundamental misalignment of planning hierarchy.

Option 4 -> Wrongly associates objectives with interpretation, policies with ends, strategies with specific statements, and rules with broad contours - reverses the planning framework.

Hence, Option 2: (A) - (III), (B) - (IV), (C) - (II), (D) - (I) -> Objectives (A) are the ends/goals management seeks to achieve (III). Policies (B) provide guidelines and basis for interpreting strategies (IV). Strategies (C) define the broad contours and direction of the organization's business (II). Rules (D) are specific, precise statements that inform exactly what is to be done (I). This follows the correct hierarchy of organizational planning. -> correct