What is a "POLICY" ?
1
general statements or understandings which guide or channel thinking and action in decision-making.
2
a set of steps determined in advance and standardised for initiating, carrying through and completing a time-bound activity.
3
a unified and critical plan of action to achieve an objective or set of objectives. It is a plan prepared for meeting the challenge posed by the environmental forces. It addresses the 'how' aspects of achieving an objective.
4
a planned target of performance or the desired end result of an activity which one attempts to realise.