Monday, December 5, 2011

Discussion Question on principles of Management




Introduction:
For a business enterprise, strategies and policies are very important and are closely related to each other. Strategies are comprehensive plans of action, designed to help achieve organization’s goals within specified time. Policies are standing plans that provide the broader guidelines for directing managerial activities in pursuit of organizational goals.

Question:
Are strategies and policies as important in a not-for-profit organization (such as NGO, labour union, hospitals or city fire department) as they are in a business enterprise? Why or why not, give reasons.


Instructions:
Read the following instructions before giving your comments on GDB
Ø      Your answer should be relevant to the topic i.e. clear and concise.
Ø      Your answer should be sufficient but not more than 300 words.

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