Business policies are basic statements that serve as guidelines for managerial decision making.

Name: Business policies are basic statements that serve as guidelines for managerial decision making.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Business policies are indeed basic statements that guide managerial decision making. They establish boundaries within which decisions must be made and define objectives, limitations, and perimeters to help ensure consistency in decision making.

Business Policies Are Basic Statements That Serve as Guidelines for Managerial