Monday, March 25, 2013

Business policy

ESSENTIAL FEATURES OF BUSINESS POLICY


  
  1.  REFER TO GENERAL STATEMENT OF PRINCIPLES
  2.  HAVE HIERARCHY
  3.  ENSURE CONSISTENCY IN DECISION-MAKING
  4.  FOR MUTUAL APPLICATION BY SUBORDINATES
  5.   PREDECIDE ISSUES,& AVOID REPETITION
 6.  COVER ALL FUNCTIONAL AREAS
 7.  AVOID CONFUSION & PROVIDE CLEAR-CUT GUIDELINES TO SUBORDINATES
 8.  SHOULD PROVIDE FOR CONSISTENCY OF OPERATION BE FLEXIBLE & COMMUNICATEd
 
 

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