Functional Strategies Formulation in Business Management
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Questions and Answers

What is the purpose of policies in an organization?

  • To establish company plans and goals
  • To set goals for subordinates
  • To provide guidance for employees to do their jobs (correct)
  • To evaluate employee performance
  • Who typically sets goals for subordinates according to the text?

  • Employees themselves (correct)
  • Competitors
  • Policies and procedures
  • Top management
  • What is the role of procedures in an organization?

  • To recruit new employees
  • To provide long-term strategies
  • To set financial targets
  • To guide employees in daily job tasks (correct)
  • How do policies and procedures cascade down in an organization?

    <p>From top management to subordinates</p> Signup and view all the answers

    Which aspect of an organization do policies primarily aim to align employees with?

    <p>Company's plans and goals</p> Signup and view all the answers

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