Business Studies, asked by rajendraagrawalrajud, 6 months ago

what do you mean by policies explain with 5 examples ​

Answers

Answered by pradeepkrverma
0

Answer:

Policies may be divided into different types of policies from different approaches.

Explanation:

The term “Policy” is defined by koontz and O ' Donnel as “policies are general ... (i) It is a guide to thinking in decision making and action .

(ii) Lays down course of action.

(iii) Lays down the limits within which decisions are made.

(iv) Framed at all levels of management.

(v) Does not become valid for all times. Periodically it is necessary to review and modifications are made.

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