MBA881
A business policy can be seen as an implied over-all business guide setting up
Answer: active boundaries
A business policy must be stable otherwise it will lead to undecisiveness and
Answer: intangibility
Business policy defines the scope or spheres within which decisions can be taken for
Answer: business success
Businesses in a capitalist economy are privately owned and operated for
Answer: profit
A business policy is the study of the nature and process of
Answer: choice inside the future
A business policy represents the best thinking of the companyVs
Answer: top management
The purpose of a business policy is to enable the management to relate work to organizational
Answer: virement
Businesses aew predominant in capitalist economies where there is opportunity to make
Answer: privately owned
A business policy is one which focuses attention on the strategic allocation of
Answer: sample resources
Business policies are the guidelines developed by an organization to
Answer: govern its actions
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