Vidyalelo
Management · Q277

Strategic Management

Graduate and Post Graduate · Management · question 277

Q277

What are designed to guide managers in the pursuit and achievement of strategies and objectives?

A.
Procedures
B.
Budgets
C.
Policies
Answer
D.
Plans

Answer: Option C

Solution

Answer: Option C
Solution:
Policies are designed to guide managers in the pursuit and achievement of strategies and objectives. Policies are instrument for strategy implementation. This thesis defines policy much more narrowly as specific guides to managerial action and decisions in the implementation of strategy.