Similarities between policy and strategy

Answer 1

Generally speaking, the text views policies as the link between strategy formulation and implementation. They are the broad guidelines to be used in the implementation of strategy. The text takes the position that the dividing line between formulation and implementation is the difference between the planning activities of formulation and the action-oriented activities of organizing, directing, and controlling. Since the development of policies primarily involves planning, not action, they more properly belong within strategy formulation.

Answer 2

You will usually decide a strategy to accomplish a complex task but it may be differrent every time. If you decide to use the same startegy every time for the same task then that is your policy.

Answer 3

There is a direct relationship between strategy and policy. A strategy has to be used so as to formulate any policy which is used in achieving set objectives.

Answer 4

These questions are similar but have specific contexts. Policy are akin to rules of management and governance. Strategy regards the procedures to attain a policy or other objectives.

Answer 5

similarities between policy and procedure

Answer 6

Both solving the problem