On the basis of expression, corporate policies can either be expressed or implied. Expressed Policies:- The policies which are expressed in clear words either orally…

Different policies are framed at different levels of management. These include:  Top Management Policies:-These are framed by the top management and it is only responsible…

On the basis of origin, policies are classified as original policies, appealed policies, imposed policies and derivatives policies. Original Policies:- These policies are formed from…

In an organization, various functional areas are seen. The policies are classified according to functional areas i.e. production policies, marketing and sales policies, financial policies…

The main functions of an organization comprise of planning, organizing, actuating and controlling. The policies may therefore be classified as planning policies, organizing policy, actuating…

For effective management, the solving of day to day problems is not enough. What is required is the proper assessment of all kinds of activities…

Corporate policy is the guideline which helps the management to carry out its activities in an efficient and effective manner so that the objectives of…

Corporate Policy :  Management’s expressed or implied intent to govern action in the pursuit of the company’s objectives. Internal Determinants :  The internal factors which…

The twenty fifth National Business Conference sponsored by the Harvard Business School Association in 1955 made one of the earliest attempts to discuss the concept…

The word strategy is derived from the Greek word “strategtia” which was used first around 400 B.C. This connotes the art and science of directing…