Important Points for IC 90 - Human Resource Management (HRM) Exam
Page 5 Of 37
Go to:
Objectives or goals are stated in specific quantitative terms and indicate how the mission would be carried forward in a specified time frame.
Strategies differe from tactics, mainly in the extent of details and specifics and time frames. Corporate strategy will deal with matters referred to in the mission statement.
Policies are statements of intention, declarations of broad objective towards which resources will be applied.
Procedures lay down detailed steps for doing things. A procedure lays down step-by-step details of actions while a policy lays down a general guideline.
Rules lay down what is permissible and what is not permissible. In a sense, a rule is law for the company.
MODELEXAM® 
www.realsoftinfoplan.com