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The impact of business policy on organizational performance

 Department: Business Administration and Management  
 By: usericon bapatigi7954  

 Project ID: 2728
   Rating:  (5.0) votes: 1
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Business policy implementation is an important part of the strategic management process. Implementation includes putting enthusiastically the coherently developed systems. It is the summation of activities in which individuals use different resources to realize the objectives of the policy. The capacity to execute techniques effectively is significant to any institution. In spite of the significance of the implementation procedure inside strategic management, this is an area of study frequently dominated by an emphasis on the policy formulation process. Numerous institutions confront critical challenges with respect to policy implementation as most strategies flop to deliver better performance for the firm due to poor implementation. The objectives of the study were to establish impacts of key business policy on the performance of FBN and to recognize the challenges experienced by FBN in actualizing strategies. The total number of respondents in the study were 5 respondents. The study made use of case study research design. Primary data was collected by the use of an interview guide. The collected information was analyzed by the use of content analysis. The results showed that there is a positive relationship between business policy and performance at FBN. Different sources of information, for example, investigate articles and secondary organization information sources were additionally utilized. The results indicated that: members from various levels of the bank have unique understanding of the implementation procedure implementation factors could get to barricade that undermine the implementation procedure these obstructions can be overcome if directors are discerning to the bank''s present circumstance....
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