Define the terms “policy,” “objective,” and “goal.”

What will be an ideal response?


Policy: A written definition of general intent or company position designed to guide and regulate certain actions and decisions, especially those of major significance or of a recurring nature.
Objective: A long-range purpose or aim that is not quantified or limited to a time period.
Goal: A measurable objective of the business that is judged by management to be attainable at some specific future date through planned actions.

Business

You might also like to view...

In a multi-level support model, external vendors are typically ____.

A. level 0 B. level 1 C. level 2 D. level 3

Business

Identify the five guidelines for business markets that apply to brand-building initiatives which are discussed in the text

What will be an ideal response?

Business

How we fill in missing information to understand a stimulus is referred to as:

a) Perception b) Closure c) Stigma d) Salient cues

Business

Summarize how labor laws and unions influence human resources management.

What will be an ideal response?

Business