After reading this article you will learn about the Objectives of an Organisation:- 1. Definition of Objectives 2. Importance of Objectives 3. Advantages 4. Disadvantages 5. Proper Setting of Enterprise Objectives. Definition of Objectives: Objectives may be defined as final result of an organisation tries to achieve. Moreover, the objectives are a future oriented and results in state of affairs. [...]
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 sufficient freedom to make judgments [...]
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 and judgment. They must be [...]