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Q: Explain the importance of strategy and policies in organizational functioning?
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Related questions

Which organizational strategy would you use to write an outline for a camping trip?

order of importance


Should our strategy follow the organizational structure or organizational structure follow the strategy?

the latter! Organisation is developed to implement stategy


Relationship between organizational structure and strategy implementation?

Organizational structure and strategy are related because organizational strategy helps a company define and build its organizational structure. A company's organizational structure is based on the result of the analysis of organizational strategy. The company will use these results to determine its areas of concentration and how to position itself in order to succeed. The relationship between organizational structure and strategy becomes clearer when the company's strategy is in place. With a clear focus of what it wants to achieve, the organization will proceed to align its structure in such a manner to best achieve this. It will allocate responsibilities for optimal results, create branches, and decide whether individual efforts or group participation is the best method for it to achieve its goals. The organizational structure and strategy will also help the company decide if the tone of the company should be strictly formal, semi-formal or informal. All of these decisions can be made after determining the organizational strategy of the company.


How many elements are involve in developing in an organizational strategy?

four


What is the contribution of recruitment and selection policies to business strategy?

Recruitment and selection policies help the organization find talent that aligns with the company's strategy. Human resources are charged with carrying out these policies.


Which kind of strategy is used when an organization simultaneously employs different strategies for different organizational units?

de-centralized strategy


Explain why organizational structure is so important in strategy implementation?

hnghhgh


What is the relationship between strategy and policy?

A business establishes policies to align with strategy. Businesses must have a strategy in place in order to create policies.


Importance of Mixed Strategy?

gambling


How does the organizational strategy drive the IT strategy?

Since most businesses rely on technology in almost every aspect the IT strategy is there to support all of the business strategies at the point of the dependency.


What is organizational innovation?

Organizational innovation refers as the implementation of a new strategy by a business. This is usually aimed at maximizing profits by increasing production levels.


Which is a possible organizational strategy for research reports?

I'm 100% sure that its: chronological order