Which term is the formal statement of an organization's overall intentions and directions as expressed by top management?

Which term is the formal statement of an organization's overall intentions and directions as expressed by top management?

• A. Policy
• B. Objective
• C. Management
• D. Organizational resilience

Answer: (A)

Policy is the formal statement of an organization's overall intentions and directions as expressed by top management. It sets the governing principles and scope for actions, decisions, and resource allocation, guiding behavior across the organization and providing a stable framework for planning and operations. Objectives are specific, measurable targets that arise from policy and describe what the organization aims to achieve. Management refers to the process of directing and coordinating activities to reach goals, not a written directive itself. Organizational resilience is the capability to anticipate, withstand, adapt to, and recover from disruptions, not a top-level directive.

Policy is the formal statement of an organization's overall intentions and directions as expressed by top management. It sets the governing principles and scope for actions, decisions, and resource allocation, guiding behavior across the organization and providing a stable framework for planning and operations. Objectives are specific, measurable targets that arise from policy and describe what the organization aims to achieve. Management refers to the process of directing and coordinating activities to reach goals, not a written directive itself. Organizational resilience is the capability to anticipate, withstand, adapt to, and recover from disruptions, not a top-level directive.