Policies and Procedures Are Two Functional Elements of an Organization

question 15

Multiple Choice

Policies and procedures are two functional elements of an organization that are extensions of the mission statements. The similarities between policies and procedures include: (Select all that apply.)

• A) a need for regular, periodic reviews.
• B) a means for accomplishing goals and objectives.
• C) general guidelines for decision making about actions.
• D) a need for the smooth functioning of any work group or organization.
• E) a need to be very detailed as to how to perform a specific procedure on a specific unit.

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Definitions:

Environmentalists

Individuals or groups advocating for the protection of the environment against pollution and degradation.

Price Supports

Government interventions to maintain the market price of a commodity at a certain level by purchasing excess supply, providing subsidies, or imposing import restrictions.

Subsidies

Financial aid provided by the government to support a specific economic activity or sector.

Supply Of Farm Products

The total quantity of agricultural goods that producers are willing and able to sell at various prices during a certain time period.