Policy Notes: Definitions & Explanations PDF | Download eBooks
Study Policy lecture notes PDF with strategic management definitions and explanation to study “What is Policy?”. Study policy explanation with strategic management terms to review strategic management course for online MBA programs.
Policy Definition:
A guideline for making decisions.
Management by Stephen P. Robbins, Mary A. Coulter
Policy Notes:
A strategy or policy is a purposeful arrangement of standards to direct choices and accomplish balanced results. An arrangement is an announcement of expectation, and is actualized as a technique or convention. Approaches are commonly received by an administration body inside an association. Arrangements can aid both abstract and target basic leadership. Arrangements to aid abstract basic leadership as a rule help senior administration with choices that must be founded on the overall benefits of various variables, and subsequently are regularly difficult to test dispassionately, for example work-life balance arrangement. Conversely strategies to aid target basic leadership are typically operational in nature and can be impartially tried, for example secret phrase approach. Approach or strategy study may likewise allude to the way toward settling on significant hierarchical choices, including the distinguishing proof of various options, for example, projects or spending needs, and picking among them based on the effect they will have.
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