Business Studies, asked by vijayalaxmikokatnur, 1 month ago

classification of policy​

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Answered by talhasial031
0

Answer:

Here is a flow chart.

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Answered by Sanchodelrio12
0

Answer:

Policies can be defined as the fundamental written statements which are meant to guide the thinking and action in decision making of the managers. It is a standing solution for recurring situations, as it is a ready reference to many problems.

Some Characteristics of Ideal Policy are-

-Objective-oriented

-Clear and explicit, which removes chaos and ambiguities

-Carefully designed

-Simply presented, facilitating the understanding to all in the correct manner.

-Based on the holistic view, taking into account all employees, resources, facilities etc.

-Practical

-Flexible enough to match the needs of the firm and allow reasonable discretion to subordinates who are responsible for its implementation.

-Reviewed, revised and replaced whenever required.

-Properly communicated and implemented.

Please check the attachment for its classification.

Hope this helped you.

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