answersLogoWhite

0

i) To Achieve the objectives of the organisation: Polices are guide to action towards the objectives of the organisation so they must be known to ever concerned person in order to concentrate their efforts towards the objectives.

(ii) Uniformity in decisions: Personnel polices furnish the general standard or basis on which decisions are reached. Decisions in one organisation are taken by the various line authorities keeping in view the personnel polices and thus uniformity of action is maintained similar cases. There is the least possibility of workers' exploitation through base decisions.

(iii) Delegation of authority possible: Delegation of authority means assigning work to others and give them authority to do it. Personnel policies help the executives at various levels of decision centres to act with confidence without consulting the superiors every time. They give a manger liberty to choose the alternatives provided an to decide upon the action.

(iv) Better control: Better control : As personnel polices specify relationship among organisation, management and workers, 50 each group works for the achievement of the large objectives of the organisation without any policy conflicts. Thus it provides better control.

(v) Evaluating Efficiency: Policy provides standards the execution of work. Efficiency of each group may be evaluated by performance in the light of the policy. It may be assessed whether organisation has achieved the desired results set in the policy. Policy maybe amended or a new policy mat be formulated in the light of the actual performance.

(vi) Confidence: Policy provides the workers a security against exploitation. It creates confidence in the in the employees. They may know where they stand in relation to the organisation.

(vii) Motivation of workers: Policy makes the employee aware of the objectives of the organisation and guides the workers in achieving them. So they work enthusiastically and with loyalty to gt those objectives.

(viii) Guide to management: Policy provides guidance to management in relation to the personnel problems they resolve how to get work done by the people at work or how to behave them.

User Avatar

Wiki User

11y ago

What else can I help you with?

Continue Learning about Economics

What does policy formulation mean?

Policy formulation is the process of developing strategies and proposals to address specific issues or challenges within a given context, often involving the analysis of options and potential impacts. It typically includes gathering and evaluating data, consulting stakeholders, and crafting detailed plans that outline goals, resources, and methods for implementation. This stage is crucial for ensuring that policies are effective, feasible, and aligned with the broader objectives of an organization or government. Ultimately, it sets the foundation for decision-making and subsequent actions.


Man is the most important factor of production. discuss?

Factors of production refers to the inputs of the production process.


Liberalisation privatization globalisation?

Liberalisation is to relax regulations on social or economic policies (usually economic). Privatisation is the process of transferring a public sector industry over to the private sector. Globalisation is the unification of the global markets by relaxing protectionist trade policies and integrating markets.


What is creativity and its role in the formulation of sound business idea?

Creativity is a vital in the formulation of sound business idea because having a creativity will lead the entrepreneur to pursue things which is beneficial and will bring economic value. The process must put into consideration like the formulation, illumination, incubation and evaluation. These steps is quite necessary in the realization of a sound business idea


Is Economic optimization is futile?

it is often impossible to optain precise information about the pattern of future revenues costs and interest rates. therefore, the process of economic optimization is futile. discuss the statement.

Related Questions

What phase of the budget and execution process includes developing policies objective and budget estimates?

formulation


What phase the budget and execution process includes developing policies objectives and budget estimates?

formulation


What phase of the budget and execution process included developing policies objectives and budget estimates?

formulation


Which phase of the budget and execution process includes developing polices objectives and budget estimates?

formulation


Which system is dod resource management process and budget formulation process?

PPBES


What is the process of comparing the length of a table of a meterstick?

formulation


What is the process of comparing the length of a table to a meterstick?

formulation


What does the term 'formulation' mean?

The term 'formulation' is frequently used in dialogue. Formulation refers to the process of creating or devising something. For instance, one can formulate an idea, theory or thought.


What is strategic formulation?

Strategic formulation is the process of creating a strategy for a business. A strategy is a competitive position a business will take to compete in the industry.


Discuss classification of data processing?

Discuss the Normalization Process.


What is the process and step of evaluation?

Collection of data, consolidation of data, formulation of conclusion.


What are the hidden conditions of medi-claim policies?

Usually it depends on the Medical Claim company that you'll be hiring. Discuss every detail on how your medical claim process goes, I mean every details...