ST3BA2-5
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Question 1 of 5
Is this statement true or false? Strategy is an action that managers take to attain one or more of the organization’s goals.
TRUE
FALSE
Is this statement true or false? Policy can be defined as ‘A general direction set for the company and its various components to achieve a desired state in the future.’
TRUE
FALSE
Is this statement true or false? Business policies are the guidelines developed by an organization to govern its actions.
TRUE
FALSE
Is this statement true or false? The term ‘policy’ is synonymous to the term ‘strategy’.
FALSE
TRUE
Is this statement true or false? Policies are important because they address pertinent issues, such as what constitutes acceptable behaviour by employees.
FALSE
TRUE
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