Question

Which of the following are likely benefits of having defined organizational policies?

1) It supports profitable research innovations and intellectual property.
2) It supports consistency of behavior and unification of culture.
3) It supports improved sales and marketing results.
4) It supports accountability and makes it more explicit.

Answer 1

Defined organizational policies can benefit a business by supporting profitable research innovations and intellectual property, consistency of behavior and unification of culture, and accountability.

Step-by-step explanation:

The likely benefits of having defined organizational policies include:

1. Supports profitable research innovations and intellectual property: Organizational policies can provide guidelines and procedures for protecting and utilizing intellectual property, ensuring that valuable research innovations are protected and can contribute to the organization's success.
2. Supports consistency of behavior and unification of culture: Organizational policies can establish standards of behavior and expectations, helping to create a consistent and unified organizational culture.
3. Supports accountability and makes it more explicit: Organizational policies can clarify expectations, roles, and responsibilities, promoting accountability and making it easier to hold individuals and teams accountable for their actions and outcomes.