Question

Your company is moving from one location to another new location out-of-state. When your manager asks you to relocate to the new location, you are given a plan that communicates broad guidelines for relocation decisions and actions. This standing plan is called a _____.

Answer 1

Policy

Step-by-step explanation:

Your company is moving from one location to another new location out-of-state. When your manager asks you to relocate to the new location, you are given a plan that communicates broad guidelines for relocation decisions and actions. This standing plan is called a policy

A policy is a intentional system of principles to guide decisions and achieve specific and strgetic goals. A policy is a statement of intent, and is implemented as a procedure or protocol. Policies are generally formed by a governance body within an organizatio, government, or any structured group.

Answer 2

The correct answer is policy.

Step-by-step explanation:

Business policy is one of the ways to make the strategy operational. They suppose a commitment of the company; by deploying it through the hierarchical levels of the company, the commitment and participation of the staff is reinforced.

Business policy usually affects more than one functional area, helping to vertically unite the organization for the fulfillment of strategic objectives.

Like the strategy, business policy provides the precise guidance for executives and middle managers to develop concrete plans of action that will achieve the objectives.