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Types of policies
Corporate Management
Prepared By
Kindly restrict the use of slides for personal purpose.
Please seek permission to reproduce the same in public...
Types of policies
• Major policies – Major
policies are those which
give a unified direction to
an enterprise and imply a
...
Types of policies
• Supportive policies –
Supportive policies are
meant to help in
implementation of major
policies. A con...
Types of policies
• Minor policies – The policies
which do not influence main
objectives of the enterprises
may be called ...
Types of policies
• Composite policies – Some
concerns have a number of
policies or group of policies.
To achieve one obje...
Types of policies -  corporate management - Manu Melwin Joy
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Types of policies - corporate management - Manu Melwin Joy

Major policies – Major policies are those which give a unified direction to an enterprise and imply a commitment of resources. These policies give shape to an enterprise in the accomplishment of its purpose.
Supportive policies – Supportive policies are meant to help in implementation of major policies. A concern may have the development of a new product as a major policy, the research to find out the unfulfilled needs of consumer may be a supportive policy.

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Types of policies - corporate management - Manu Melwin Joy

  1. 1. Types of policies Corporate Management
  2. 2. Prepared By Kindly restrict the use of slides for personal purpose. Please seek permission to reproduce the same in public forms and presentations. Manu Melwin Joy Assistant Professor Ilahia School of Management Studies Kerala, India. Phone – 9744551114 Mail – manu_melwinjoy@yahoo.com
  3. 3. Types of policies • Major policies – Major policies are those which give a unified direction to an enterprise and imply a commitment of resources. These policies give shape to an enterprise in the accomplishment of its purpose.
  4. 4. Types of policies • Supportive policies – Supportive policies are meant to help in implementation of major policies. A concern may have the development of a new product as a major policy, the research to find out the unfulfilled needs of consumer may be a supportive policy.
  5. 5. Types of policies • Minor policies – The policies which do not influence main objectives of the enterprises may be called minor policies. These policies may relate to some routine matters of less importance.
  6. 6. Types of policies • Composite policies – Some concerns have a number of policies or group of policies. To achieve one objective, a number of policies may be used which are known as composite policies.

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