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Policies: Meaning and Types

After reading this article you will learn about the meaning and types of policies. Meaning of Policies: The term policy is derived from the Greek word “Politicia” relating to policy that is citizen and Latin work “politis” meaning polished, that is to say clear. These policies which are generally formulated at top level helps managers […]

Policy Making: Principles and Factors

After reading this article you will learn about the principles and factors of policy making. Principles of Policy Making: The adoption of the following principle make for sound and effective policy making: 1. The policy statement should be definite, positive clear and understandable to every in the organisation: Policies must be applied with proper understanding […]

Impacts of Changes in Government Policy on Business and Industry (10 Impacts)

Some of the impacts of changes in government policy on business and industry are: 1. Increasing Competition 2. More Demanding Customers 3. Rapidly Changing Technological Environment 4. Necessity for Change 5. Need for Developing Human Resource 6. Market Orientation 7. Loss of Budgeting Support to the Public Sector 8. Threat from Multinational Corporations 9. Corporate […]

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