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Goals are broad objectives are narrow.

Goals are general intentions; objectives are precise.

Goals are intangible; objectives are tangible.

Goals are abstract; objectives are concrete.

Goals can't be validated as is; objectives can be validated

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Q: Difference between goals and objectives in business policy?
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What are the relations and difference between business policy and strategic management?

Policies help businesses carry out their strategic objectives. When the business strategy changes, so will their policies. Strategies change as the business environment changes.


What is the difference between objectives and policies?

The difference between objectives and policies is that one is deciding what to do something and one is deciding how to do something. An objective is something you aim for and the way to get it. A policy is in place in a company or government to tell employees how to do something.


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.


What happens to a business if they don't have a business policy?

Policies specify a business organizations response to a situation as a plan in guiding a decision.Policies exist at all levels in the business organisation related to its structural & functional aspects.It is derived from the objectives of the business organisation. Without a policy a business will operate in an anarchic/arbitrary way with no guidelines or objectives at any level of the business organisation.


What is business policy and strategy?

Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.


What is similarities and difference between Roosevelt Policy Wilson Policy and HowardTaft Policy?

They had the same concept that American business and financial interest should achieve an active international status


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Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.


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 difference between policy and guidelines?

the basic difference between policy and guideline is the policy is rules for whole org. and guideline is rule for execution of some work.


Why do you need to follow business policy?

to facilitate and determine objectives of the executive managements set up business plan in the best business practices manners within related laws


What is the difference between policy and practice in human resource?

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