Page 12 - PowerPoint Presentation DR
P. 12

Difference





                                     Strategy and Policy





                               Strategy                                                           Policy




          1. Strategy is concerned                                        1. Policy is a guideline to


                  with direction in which                                          thinking and action of


                  company resources can                                            those who make the


                  be used to achieve                                               decisions.


                  objectives.



          2. Action oriented                                              2. Thought Oriented



          3. Strategy makes the policy  3. Policy general guidelines



                  in to effect within                                              to course of action with


                  specified time period.                                           no time limits





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