Question 1:
Business Policy is termed as the compositions that encompass subordinates making decisions in an organization. It mandates the subordinate level in an organization to take charge of decisions that would otherwise be taken by the managerial levels. Business policies created to build in guidelines that govern organization action, the limits of decision making and the acquisition of resources that ensure that the organization meets its goals and objectives. Business policy is a discipline of study that deals with the learning of roles and responsibilities of levels of organization authority and sustainability of an organization (Wheelen, T. L., & Hunger, J. ...