answersLogoWhite

0

A business policy is the set of guidelines an organization follows and they define the limits of how decisions are made. Common element of a business policy include specific and clear policies so there are no misunderstandings. Policies should be appropriate simple, and uniform.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

Why do you need policy?

Policy is created in a business situation for employers and employees are on the same common ground. Policies help a business run smoothly.


Why do policy needed?

Policy is created in a business situation for employers and employees are on the same common ground. Policies help a business run smoothly.


Evolution of business policy?

history of business policy


Political party that believed in the common people and no government aid for business and a pro-French foreign policy?

Republicans


Political party that believed in the common people no government aid for business and a pro-french foreign policy?

Republican


What does business policy means?

a business policy deals with the rules and regulations of that building.


Is policy a common noun?

Yes, "policy" is a common noun. It refers to a general principle or guideline that governs decisions and actions within various contexts, such as government, business, or organizations. Unlike proper nouns, which name specific entities, common nouns like "policy" can be used to describe a broad category of ideas or practices.


Importance of business policy?

A written business policy communicates your companies expectations about employees appropriate employee work performance. Policy illustrates the acceptable performance boundaries.


What are the factors affecting business policy?

There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.


Evolution of business policy and strategic management?

evolution of business policy and strategic management?


Describe the evolution of the field of business policy to strategic management?

What are the Evolutiosn of business policy


What features should an effective business policy have?

A business policy defines how a company operates. An effective business policy must specific, clear and uniform. This will ensure there are no misunderstandings.