Business Studies, asked by nitingupta05092001, 3 months ago

what is the difference between policy and strategy in six Points? ​

Answers

Answered by kanishky10
27

Explanation:

A Strategy is a special plan made to achieve a market position and to reach the organizational goals and objectives, but Policy refers to a set of rules made by the organization for rational decision making. Many people have confusion regarding the two terms, but they are not alike.

Answered by nitashreetalukdar
9

Answer:

A Strategy is a special plan made to achieve a market position and to reach the organizational goals and objectives, but Policy refers to a set of rules made by the organization for rational decision making. ... You should know that policies are subordinate to strategy

Similar questions