06-18-2011, 03:17 PM
For a business enterprise, strategies and policies are very important and are closely related to each other. Strategies are comprehensive plans of action, designed to help achieve organization’s goals within specified time. Policies are standing plans that provide the broader guidelines for directing managerial activities in pursuit of organizational goals.
Question:
Are strategies and policies as important in a not-for-profit organization (such as NGO, labour union, hospitals or city fire department) as they are in a business enterprise? Why or why not, give reasons.
Question:
Are strategies and policies as important in a not-for-profit organization (such as NGO, labour union, hospitals or city fire department) as they are in a business enterprise? Why or why not, give reasons.