There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
The nature and objective of business policy are both formulated as plans and determined by a business organisation.Objective is the end to a plan while policy is the mode and manner to reach the objective. A business policy is: guidelines that facilitate to reach a predetermined objective both in mode and manner formulated from the top to the lower level management while Objectives are the endpoints to a plan.
The characteristics of business policies are such that they are aimed at making the business better. A good policy should be specific and of a definite nature. It should also have security information in regards to protecting the business.
The political environment of any country is a big influence factor to business policies due to many reasons, The political organization, philosophy government ideology, nature and extent of bureaucracy, political stability, foreign policy, defence and military policy, etc.
A written business policy communicates your companies expectations about employees appropriate employee work performance. Policy illustrates the acceptable performance boundaries.
aspects are, plans program, on time target schedule, accurate work and quality, looking at your staff need and control
what is the concept and nature of corporate policies
There are many different factors that affect business policy. These different factors range from shareholders to the dividend policy of a certain business.
The nature and objective of business policy are both formulated as plans and determined by a business organisation.Objective is the end to a plan while policy is the mode and manner to reach the objective. A business policy is: guidelines that facilitate to reach a predetermined objective both in mode and manner formulated from the top to the lower level management while Objectives are the endpoints to a plan.
Business policy sets forth the scope of how decisions are handled in an organization. It must be specific, reliable, simple, flexible, clear, appropriate, inclusive, and stable.
Sally Eden has written: 'Environmental issues and business' -- subject(s): Environmental aspects, Environmental aspects of Industrial management, Environmental policy, Industrial management, Social responsibility of business
Alasdair Reid has written: 'Optimising the design and delivery of innovation policy in Estonia' -- subject(s): Economic aspects, Economic aspects of Technological innovations, Government policy, Small business, Technological innovations
Get them to read the parts that pertain to the nature of your business OR Hire an HR person
John F. Steiner has written: 'Business, government, and society' -- subject(s): Industrial policy, Industries, Social aspects of Industries 'Business, government, and society' -- subject(s): Industries, Industrial policy, Social responsibility of business 'Industry, society, and change' -- subject(s): Case studies, Industries, Social aspects of Industries
Tom Burden has written: 'Capitalism and public policy in the UK' -- subject(s): Capitalism, Communism, Economic policy 'Business in Society' -- subject(s): Business, Industries, Social aspects of Industries 'Social Policy and Welfare' 'Developing independent learning'
The characteristics of business policies are such that they are aimed at making the business better. A good policy should be specific and of a definite nature. It should also have security information in regards to protecting the business.
It all depends on who's lending you the money. business have different %