MBA881 Tma Solutions

MBA881

Question: A good business policy possesses all but one of these qualities:
Answer: Certainty

Question: One of these best explains why business policy differs from company to company?
Answer: Organisational belief systems differ

Question: Policy making is a primary responsibility of:
Answer: Top level management

Question: One of these is a popular class of partnership
Answer: General

Question: All except one of the following best capture the role of business policy.
Answer: A set of corporate social responsibilities

Question: Which of the following is not an underlying meaning of a business policy
Answer: An expression of decisions

Question: Policy differs from Strategy in that:
Answer: Strategy implies a decision, which Policy is a decision path

Question: Which of the following is fundamental to the ideology of economic democracy?
Answer: Cooperative

Question: Business policy does all but one of the following
Answer: Managerial rewards

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