Yes
evolution of 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.
A company is said to have strategic goals if in fact it creates business or change of business. Here is one example. A company like Pepsi Cola, retains its customer base in cola sales, however, develops a new policy that is geared to expanding its business base by deciding to compete in non-cola beverages. This new policy can be said to be a new strategy.
a business policy deals with the rules and regulations of that building.
A business policy defines how a company operates. An effective business policy must specific, clear and uniform. This will ensure there are no misunderstandings.
Refer to the M.COM part I book Business policy and strategic managemnt by Michael vaz, you will get the answer.
evolution of business policy and strategic management?
What are the Evolutiosn of business policy
Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.
Using business policy and strategy is called strategic management. Strategic management helps business make decisions and use information that help achieve company objectives.
Policies help businesses carry out their strategic objectives. When the business strategy changes, so will their policies. Strategies change as the business environment changes.
A company is said to have strategic goals if in fact it creates business or change of business. Here is one example. A company like Pepsi Cola, retains its customer base in cola sales, however, develops a new policy that is geared to expanding its business base by deciding to compete in non-cola beverages. This new policy can be said to be a new strategy.
Paul W. Dobson has written: 'Vertical restraints and competition policy' 'Strategic business management'
Michael C. Desch has written: 'When the Third World matters' -- subject(s): Foreign relations, Strategic aspects, Strategic aspects of Latin America 'Power and military effectiveness' -- subject(s): Democracy, Military readiness, War, Military policy, Strategy
Leo OBS Vellore We all know the five M's in internal environment , they are Management, Manpower, Machine, Material and Money. Making Changes in these things according to our business policy and implementing new planes or ideas to develop our business.
A firm's strategic policy also known as Strategic management process is the one which is set by the firms to achieve long-term objectives. It contains "Core strategy formulation, implementation and evaluation".
Robert L Jackson has written: 'The new strategic policy' -- subject(s): Arms control, Government policy, Strategic forces, Military policy, National security