Difference between business policy and strategic management
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Explanation:
Strategies are concentrated toward actions, whereas Policies are decision oriented. The top management always frames strategies, but sub-strategies are formulated at the middle level. In contrast to Policy, they are, in general, made by the top management.
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Explanation:
Difference between Policy and Strategy. Policy is a blueprint of theorganizational activities which are repetitive/routine in nature. Whilestrategy is concerned with those organizational decisions which have not been dealt/faced before in same form. ... While strategy deals withstrategic decisions.
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