Email: bbcnoun@gmail.com Whatsapp/Telegram: 08131667008 MBA881 Question: Which of the following is not a component of a standard policy document? Answer: Executive Summary Question: All but one of the following is not an important step in policy formulation: Answer: Stakeholder dialogue Question: Policies that define in details such matters as maintenance of equipments, schedules, plant layout, absenteeism, etc. is known as: Answer: Minor Policies Question: Business Policy as a field deals with: Answer: The study the functions and responsibilities of the senior management Question: Which of these is correct of the SteinerVs Pyramid of Business Policy? Answer: Rules, Procedure, Minor Policies, Functional Policies, Secondary Policies, Major Policies Question: A source of policies from the one from top management if known as: Answer: Orginated Source Question: Policies developed from the actions of employees is referred to as: Answer: Implied Source Question: The characteristic of policy that denotes future action and intent if referred to as: Answer: Destiny Question: Which of the following is an example of Catelog Policies? Answer: Referral interface business policies Question: Another word for policy formulation from bottom to top is: Answer: Participation management Question: A good business policy possesses all but one of these qualities: Answer: Certainty Question: One of these best explains why business policy differs from company to company? Answer: Organisational belief systems differ Email: bbcnoun@gmail.com Whatsapp/Telegram: 08131667008