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 and nature of corporate policies
what are the scope of sale promotion
creating demand of product
international marketing is a performance of business activities that direct the low of a company,s good,s & services to consumer or user,s in more than one nation
Small business scope marketing is a strategic planning necessary to meet business needs. For example, defining the area of specialization, recruiting and firing of human resource, market segmentation, target marketing , management of resources etc.
Explain the nature & scope of business economics.
The scope of business policy usually defines the spheres at which certain decisions can be taken by the subordinates in a given business.
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The nature and scope of business taxation spreads across all the business sectors. Taxation in business is imposed so as business owners can get the privilege of doing business.
Every business environment has a different nature and scope. External environmental factors can help or harm the organization. For example, a bottled water company in a hot climate will be more successful.
what is the concept and nature of corporate policies
It is a helping way in which any person related to business can improve his relation to the other business man.
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all fied is collect of data then needs of sytistics
It regulates the activities of any business around its scope. It created policy that limits this actions. In this case, bad activities like hoarding in a rice business.
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 is a scope of business