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what is the concept and nature of corporate policies
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∙ 10y ago
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What is the nature and scope of business policy?
Business policy sets forth the scope of how decisions are handled in an organization. It must be specific, reliable, simple, flexible, clear, appropriate, inclusive, and stable.
Basic business concept?
The basic concept in business is to keep the overhead/expenses low and profits high. This means good money management.
What is the nature of a market?
How do I distinguish between the nature of a market and the type of the market which affect a business
What is the difference in nature between consumer and business marketing?
The nature and characteristics of the business market, the types of consumers, the different buying situations that occur in businesses and organizations, who is involved in the decision-making process and the business-to-business buying process
What is an example of holistic marketing concept?
Holistic marketing is a strategy that considers the business as a whole. This strategy's goal is to develop and maintain multiple perspectives on the business.
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 are the nature and concept of feasibility study?
helpfull in decission making to know the business opportunity. adoptive profitable business plan.
What type of accounting disclosure is required if consistency concept is not applied?
In accounting the consistency concept means that when a method of accounting is adopted it must be used consistently in the future. If the policy for accounting is changed in any way the nature of the change, the effects the change has on items in the financial statement and the reason for making the change must be fully disclosed by the business. If the consistency concept is not applied then disclosure of changes are made at the discretion of the business.
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
What is the nature and scope of business policy?
Business policy sets forth the scope of how decisions are handled in an organization. It must be specific, reliable, simple, flexible, clear, appropriate, inclusive, and stable.
What is the concept of dividend policy in multinational firms?
concept of dividend policy
How do you train an employee on the privacy policy?
Get them to read the parts that pertain to the nature of your business OR Hire an HR person
Key concept of nature organization?
key concept of nature organization
What is the difference between a traditional concept of business and a modern concept of business?
The traditional concept of business is profit motive but the modern concept of business is service oriented.
What type of accounting disclosure is required if consistency is not apply?
In accounting the consistency concept means that when a method of accounting is adopted it must be used consistently in the future. If the policy for accounting is changed in any way the nature of the change, the effects the change has on items in the financial statement and the reason for making the change must be fully disclosed by the business. If the consistency concept is not applied then disclosure of changes are made at the discretion of the business.
What are the characteristics of business policies?
The characteristics of business policies are such that they are aimed at making the business better. A good policy should be specific and of a definite nature. It should also have security information in regards to protecting the business.
Business entity concept?
According to this concept, business is treated as a unit separate and distinct from its owner.
