The question asks to identify which option states that a specific and definite action must either be performed or not performed. Let's examine each option:
Comparing the definitions, a rule is the most fitting description for something that states a specific and definite action is to be taken or not to be taken. Policies guide, strategies plan, and procedures detail sequences, but rules command specific behaviors.
Therefore, the statement that defines a specific and definite action being required or prohibited is a rule.
Which of the following include problems in forecasting?
A. estimates becoming more reliable the further you forecast into the future
B. specification error
C. cyclical variation
D. stationarity in data series
E. consistency in data series
Choose the most appropriate answer from the options given below:
Planning 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:
Match List-I with List-II
| List-I | List-II |
| (A) Strategy | (I) Prescribed way of doing a task |
| (B) Method | (II) Detailed statements about a project |
| (C) Programme | (III) Exact manner in which a particular activity is to be done |
| (D) Procedure | (IV) Comprehensive plan for accomplishing objectives |
Choose the correct answer from the options given below:
Arrange the following steps of planning process in a logical sequence
(A) Making certain assumptions about the future
(B) Selecting the best possible and viable alternative
(C) Weighing the pros and cons of each alternative
(D) Monitoring the plan to ensure that objectives are achieved
Choose the correct answer from the options given below: