0
A written business policy communicates your companies expectations about employees appropriate employee work performance. Policy illustrates the acceptable performance boundaries.
Wiki User
∙ 9y ago
Wiki User
∙ 10y agoThe importance of a business policy is that it communicates the business' expectations to the employees.
Add your answer:
Earn +20 pts
What is importance of business policy?
Refer to the M.COM part I book Business policy and strategic managemnt by Michael vaz, you will get the answer.
Importance for policy for individual business and nations?
http://wiki.answers.com/Q/Importance_for_policy_for_individual_business_and_nations"
What are the factors affecting business policy?
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
What is the importance of international business in developing countries?
The importance of international business in developing countries is that it creates exposure and a platform for the country to grow its economy. International business is a learning platform through interactions.
What is nature and objective of business policy?
The nature and objective of business policy are both formulated as plans and determined by a business organisation.Objective is the end to a plan while policy is the mode and manner to reach the objective. A business policy is: guidelines that facilitate to reach a predetermined objective both in mode and manner formulated from the top to the lower level management while Objectives are the endpoints to a plan.
What is importance of business policy?
Refer to the M.COM part I book Business policy and strategic managemnt by Michael vaz, you will get the answer.
What is the importance of research in insurance company?
The value of your policy is only as good as the company selling it to you. If they go out of business, your policy may be out of business as well.
Importance for policy for individual business and nations?
http://wiki.answers.com/Q/Importance_for_policy_for_individual_business_and_nations"
Importance of business policy to an organization?
Without business policy, the organisation is like rudderless ship in turbulent sea. The business policy envisages the objectives,present activities, future growth prospects etc. in details and accepted as a valid document in every steps of business activity of the organisation.
What is the business policy and explain the importance of business policy?
A business policy is : guidelines to facilitate achieve predetermined objective as plan(decision making) involving all levels of the management in any business organisation.It set a statement on the mode and manner how the objectives will be achieved. Without a policy the organisation will function arbitrarily in an anarchic way and may not reach its objectives.
Evolution of business policy?
history of business policy
The importance of profit to a business like HMV?
the importance of profit to a business?
What is the Importance of business in your daily life?
importance of business in our daily life
Importance of demography in business and commerce?
importance of dempgraphy in business and commerce
What is the importance in business letter?
The importance of a business letter is to communicate information. The importance of some business letters is to generate a response or an action on the part of the recipient. The importance of other business letters is to inform the recipient of something.
E-business importance in an organization and the values in telecommunications?
what are the importance of E-business
What does business policy means?
a business policy deals with the rules and regulations of that building.
