{"id":3076,"date":"2019-12-17T14:38:29","date_gmt":"2019-12-17T14:38:29","guid":{"rendered":"https:\/\/commerceiets.com\/?p=3076"},"modified":"2019-12-17T14:38:29","modified_gmt":"2019-12-17T14:38:29","slug":"types-of-policies","status":"publish","type":"post","link":"https:\/\/commerceiets.com\/types-of-policies\/","title":{"rendered":"TYPES OF POLICIES"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_73 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/commerceiets.com\/types-of-policies\/#TYPES_OF_POLICIES\" title=\"TYPES OF POLICIES\">TYPES OF POLICIES<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/commerceiets.com\/types-of-policies\/#The_following_are_the_various_types_of_policies\" title=\"The following are the various types of policies:\">The following are the various types of policies:<\/a><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h1 class=\"has-text-align-center wp-block-heading\" id=\"types-of-policies\"><span class=\"ez-toc-section\" id=\"TYPES_OF_POLICIES\"><\/span>TYPES OF POLICIES<span class=\"ez-toc-section-end\"><\/span><\/h1>\n\n\n\n<h4 class=\"wp-block-heading\" id=\"the-following-are-the-various-types-of-policies\"><span class=\"ez-toc-section\" id=\"The_following_are_the_various_types_of_policies\"><\/span>The following are the various types of policies:<span class=\"ez-toc-section-end\"><\/span><\/h4>\n\n\n\n<p><strong><em>ORGANIZATIONAL POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>These refer to the overall policies of the organization. These\npolicies decide the goals of the activities of the organization as a whole.<\/p>\n\n\n\n<p><strong><em>FUNCTIONAL POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>Functional Policies are prepared for different functions\nsuch as production, marketing, finance, personnel etc. Functional policies are\ndecided keeping in view the organizational policies. These policies help in\ncoordination of efforts of different people.<\/p>\n\n\n\n<p><strong><em>ORIGINATED POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>These are those policies which are initiated by the\nmanagers. These policies are prepared for the guidelines of the subordinates. It\nis also known as Internal policy.<\/p>\n\n\n\n<p><strong><em>APPEALED POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>This type of policy is formulated only on the request of the\nsubordinates. This policy helps the subordinates to handle some situations. If the\nexisting policy does not give any scope to handle extraordinary situations;\nappealed policy is to be formulated.<\/p>\n\n\n\n<p><strong><em>IMPOSED POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>These policies are not formulated by the organization\nitself. These are the policies which are imposed upon an organization by\noutside forces like the government, trade unions, trade associations etc. This\nis a common form of policy in these days because the role of external agencies\nis increasing day by day. It is also known as External policy.<\/p>\n\n\n\n<p><strong><em>GENERAL POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>A policy which does not create any impact on the performance\nof the employees. The policy may represent the philosophy of the top management\nexecutives. For example: motivating the employees to perform the job in a\nbetter way. It is a general policy.<\/p>\n\n\n\n<p><strong><em>SPECIFIC POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>It is a policy which is formulated with regard to any\nspecific issue i.e. transfer, promotion, compensation etc. A specific policy\nmust conform to the broad outlines mentioned in the general policies.<\/p>\n\n\n\n<p>WRITTEN POLICY<\/p>\n\n\n\n<p>It is a policy which is formulated and intimidated in the\nwritten form. Here, there is no possibility of any degree of deviation. Everyone\nshould adhere to the written policy.<\/p>\n\n\n\n<p><strong><em>IMPLIED POLICY<\/em><\/strong><\/p>\n\n\n\n<p>A policy is inferred from the behavior of the superior. It is\nan implied policy. Such policies are more flexible than other policies.<\/p>\n\n\n\n<p><strong><em>MAJOR POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>These are those policies which give a unified direction to the overall concern and imply the commitment of the resources. These policies give shape to the concern in the accomplishment of its purpose. They should also be supportive to the organizational <a href=\"https:\/\/commerceiets.com\/objectives\/\" target=\"_blank\" rel=\"noreferrer noopener\" aria-label=\"objectives (opens in a new tab)\">objectives<\/a>.<\/p>\n\n\n\n<p><strong><em>SUPPORTIVE POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>These policies are meant to be formulated to support the\nmajor policies. A concern may have the development of a new product as a major policy;\nthe research to find out the unfulfilled needs of consumers may be a supportive\npolicy.<\/p>\n\n\n\n<p><strong><em>MINOR POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>The policies which do not influence the main objectives of\nthe enterprise may be called minor policies. These policies may relate to some\nroutine matters of some less importance. A policy maybe to hire some more\nworkers in case of some emergency.<\/p>\n\n\n\n<p><strong><em>COMPOSITE POLICIES<\/em><\/strong><\/p>\n\n\n\n<p>Some concerns have number of policies or group of policies. To increase sales, a concern may follow expansion, taking up of similar products, following aggressive marketing etc. To achieve one objective a number of policies may be used, these are composite policies. \u00a0<\/p>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>ALSO STUDY:<\/strong><\/td><td><strong>ALSO STUDY:<\/strong><\/td><td><strong>ALSO STUDY:<\/strong><\/td><td><strong>ALSO STUDY:<\/strong><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/management\/\">Management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/objectives-of-management\/\">Objectives of management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/functions-of-management\/\">Functions of management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/process-of-management\/\">Process of management<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/management-is-an-art\/\">Management as an art<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/management-as-a-science\/\">Management as a science<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/management-as-profession\/\">Management as a profession<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/joint-stock-company\/\">Company<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/incentive-plans\/\">Incentive plans<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/14-principles-of-management-by-henri-fayol\/\">14 principles of management by Henry Fayol<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/principles-of-scientific-management\/\">Principles of scientific management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/scientific-management\/\">Scientific management<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/what-is-work-study\/\">Work study<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/time-study\/\">Time study<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/motion-study\/\">Motion study<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/method-study\/\">Method study<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/planning\/\">Planning<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/importance-of-planning-in-management\/\">Importance of planning in management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/benefits-of-planning-in-business\/\">Advantages of planning in business<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/process-of-planning\/\">Process of planning<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/types-of-planning-in-business\/\">Types of planning in business<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/setting-objectives-in-management\/\">Setting objectives in management<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/objectives\/\">Objectives<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/smart-test\/\">SMART test<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/management-by-objectives\/\">Management by objectives<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/policies-in-business\/\">Policies in Business<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/management-and-business-administration\/\">Management and business administration<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/functional-areas-of-management\/\">Functional areas of management<\/a><\/td><\/tr><tr><td><a href=\"https:\/\/commerceiets.com\/limited-liability-partnership\/\">Limited Liability partnership<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-llp-and-company\/\">LLP Vs company<\/a><\/td><td><a href=\"https:\/\/commerceiets.com\/difference-between-llp-and-partnership\/\">LLP vs Partnership<\/a><\/td><td><\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/www.linkedin.com\/in\/kajal-mahajan-7549b2197\/\" target=\"_blank\" rel=\"noreferrer noopener\">CONNECT ON LINKEDIN<\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"512\" height=\"152\" src=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1.jpg\" alt=\"TYPES OF POLICIES\" class=\"wp-image-4836\" srcset=\"https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1.jpg 512w, https:\/\/commerceiets.com\/wp-content\/uploads\/2019\/04\/cropped-cropped-Presentation-resize-1-300x89.jpg 300w\" sizes=\"auto, (max-width: 512px) 100vw, 512px\" \/><figcaption>TYPES OF POLICIES<\/figcaption><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>TYPES OF POLICIES The following are the various types of policies: ORGANIZATIONAL POLICIES These refer to the overall policies of the organization. These policies decide the goals of the activities of the organization as a whole. FUNCTIONAL POLICIES Functional Policies are prepared for different functions such as production, marketing, finance, personnel etc. Functional policies are&#8230;<\/p>\n<p class=\"more-link-wrap\"><a href=\"https:\/\/commerceiets.com\/types-of-policies\/\" class=\"more-link\">Read More<span class=\"screen-reader-text\"> &ldquo;TYPES OF POLICIES&rdquo;<\/span> &raquo;<\/a><\/p>\n","protected":false},"author":2,"featured_media":3077,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[68],"tags":[221,227],"class_list":["post-3076","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business-management","tag-objectives","tag-policies"],"_links":{"self":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3076","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/comments?post=3076"}],"version-history":[{"count":0,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/posts\/3076\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media\/3077"}],"wp:attachment":[{"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/media?parent=3076"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/categories?post=3076"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/commerceiets.com\/wp-json\/wp\/v2\/tags?post=3076"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}