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.
-Government policy -Supply ban -Subsidy -Technology -Cost of production -Weather (natural hazards) -Cost of production (Capital, Enterprise, Land, Labour CELL) -Objective of a business -The size and nature of a industry
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.
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
what are objective of business ethics
the objective of economical in business and finance is to make financial and business forecasts basd on trends of past performance
what is the concept and nature of corporate policies
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.
-Government policy -Supply ban -Subsidy -Technology -Cost of production -Weather (natural hazards) -Cost of production (Capital, Enterprise, Land, Labour CELL) -Objective of a business -The size and nature of a industry
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.
Objective
Get them to read the parts that pertain to the nature of your business OR Hire an HR person
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.
The objective of physics is to understand the fundamental nature of the universe in which we live.
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
history of business policy
what are objective of business ethics
no