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What are different types of policies?

What are different types of policies?

The following are the various types of policies:

  • ORGANIZATIONAL POLICIES. These refer to the overall policies of the organization.
  • FUNCTIONAL POLICIES.
  • ORIGINATED POLICIES.
  • APPEALED POLICIES.
  • IMPOSED POLICIES.
  • GENERAL POLICIES.
  • SPECIFIC POLICIES.
  • IMPLIED POLICY.

What are the types of MBO?

6 Stages of MBO (Management by Objectives) Process

  • Define organizational goals.
  • Define employees objectives.
  • Continuous monitoring performance and progress.
  • Performance evaluation.
  • Providing feedback.
  • Performance appraisal.

What are policies in strategic management?

Policies are designed to guide the behaviour of managers in relation to the pursuit and achievement of strategies and objectives. Policies are instrument for strategy implementation. This thesis defines policy much more narrowly as specific guides to managerial action and decisions in the implementation of strategy.

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What is MBO explain its features process and types?

MBO is an approach which includes various techniques of better management. 2. In this approach various objectives of the organization and of individuals are collectively decided by superiors and subordinates. These objectives become the targets which are to be achieved by various persons in the organization.

What is MBO and features process and types of MBO?

What are the major kinds of strategies and policies?

Different kinds of strategies and policies cover the areas of growth, finance, organization, personnel, public relations, products or services and marketing. Michael Porter has outlined the business-level strategies of overall cost leadership, differentiation, and focus, that may be adopted by firms.

What are functional policies?

A functional policy is formulated basically to control and reinforce implementation of functional strategies and also the corporate strategy. Functional policies provide basis for control in respective areas as policies lead to consistent pattern of behaviors: This, in turn, acts as basis for controlling.

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What are three types of public policy?

There are four primary types of public policy:

  • regulatory.
  • constituent.
  • distributive.
  • redistributive.