Which of the following is an example of a policy?
A) Diversify product line to appeal to more people.
B) Increase sales by 10% over last year.
C) Pay highest salaries to keep high quality employees.
D) Develop and sell quality appliances world-wide.
E) Divide a sales region into a group of sales districts.

Question

Quizplus · Accepted Answer

A policy is a guiding principle used to set direction in an organization. "Pay highest salaries to keep high quality employees" is a policy because it provides a guiding principle for decision-making regarding employee compensation.

Which of the Following Is an Example of a Policy