A dynamic leader must establish task teams at various organizational levels to communicate the advantages of a policy change, organize a series of town hall meetings to discuss the change and hear employee concerns, and hold informal meetings with senior managers, department heads, and staff members.
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What is a policy?</h3>
A purposeful set of rules designed to direct behavior and produce logical results is called a policy. A policy is a declaration of intent that is carried out through a method or protocol. Typically, a governance board inside a company adopts policies. Both subjective and objective decision-making can benefit from policies. Policies used in subjective decision-making typically help senior management with choices that must be based on the relative merits of a variety of variables and, as a result, are frequently challenging to assess objectively, such as work-life balance policies. In addition, governments and other institutions have policies in the form of laws, rules, guidelines, administrative procedures, rewards, and voluntary practises. Resources are frequently distributed in accordance with policy choices. A policy is a guideline for recurring or routine organizational actions.
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Answer:
1. Excludability
2. Rivalry in Consumption
3. 4 Different Types of Goods
4. Private Goods
Explanation:
A measure such as direct labor-hours or machine hours used to assign overhead costs to products and services is called a cost driver or an allocation base.
An entity allocates its overhead costs on the basis of an allocation base. An allocation basis is a measurement, such as the amount of square footage occupied, kilowatt hours consumed, or machine hours used.
Cost accounting assigns overhead expenses using an allocation base. An allocation base can be a quantity, such as the amount of machine hours used, kWh spent, or occupied square footage.
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