policy making in a industry is a role of MCQ
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300+ TOP Industrial Policy Multiple Choice Questions and Answers
c) Unrestricted competition.
b) The coexistence of public sector and private sector.
d) Exports as well as imports take place.
d) Allocation of funds by the central government.
b) Comparative cost advantage theory.
d) In India, the infrastructure required for attracting tourists is inadequate.
a) 1 only.
b) 1 and 2 only
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Policymaking in an industry is the role of Human Resources Professionals.
Explanation:
- Particularly in bigger-sized organizations, human resources experts frequently contribute to the creation and formalization of corporate policies and processes.
- This is one of the reasons HR directors frequently take part in strategy and planning meetings with the company's executive management team.
- The Board of Directors is another entity involved in policymaking. The Board of Directors establishes a company's policies.
- Within the business organization, the board of directors roles and responsibilities are clearly defined.
- The board is in charge of creating the organization's policies, which includes the governance framework for the company.
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