Policies Are Also Sometimes Called

question 16

Multiple Choice

Policies are also sometimes called

• A) standard operating procedures
• B) action plans
• C) functional tactics
• D) business strategy objectives

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Definitions:

Driving Change

The process of actively steering organizational processes, culture, or direction to achieve a specific goal or outcome.

Industries

Sectors of the economy made up of manufacturing, services, agriculture, and companies that produce or sell similar products or services.

Employment Uncertainty

The state of being unsure about one's job security and future career prospects.

Acquisition Strategies

Strategies employed by organizations to acquire or merge with other companies to increase market share, diversify products, or achieve other business objectives.