Explain and Provide One Example of How Policies Can Be

question 67

Essay

Explain and provide one example of how policies can be useful in cases where there are high levels of discretion?

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Definitions:

ESOPs

Employee Stock Ownership Plans, programs that provide a company's workforce with an ownership interest in the company.

Stock Certificates

Physical documents that represent ownership of a particular number of shares in a corporation.

Semi-permanent

Referring to something not designed to last indefinitely but also not intended for quick disposal or replacement; having a medium-term duration.

Work

The exertion of effort towards achieving a goal, often associated with professional or employment activities but also applicable to tasks and responsibilities.