GK
BUSINESS MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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To encourage customers to make frequent exchanges.
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To make sure the business’s actions are consistent.
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To ensure that the business makes a profit.
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To allow employees to make decisions regarding customers
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Detailed explanation-1: -It permits the lower level management to deal with the problems and issues without consulting top level management every time for decisions. Business policies are the guidelines developed by an organization to govern its actions. They define the limits within which decisions must be made.
Detailed explanation-2: -1) Code of Conduct A code of conduct is the basis for many policies because it defines the basic standards of company conduct.
Detailed explanation-3: -Policies define the goals of an organization and provide guidance about how to achieve objectives. Policies identify key activities, such as the collection of rental arrears and capital replacement planning. Policies also address things such as: general building rules.