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Business Policy Document
Introduction
This business policy document outlines the guidelines and standards for employees and management at [Company Name]. It serves to ensure a consistent and fair approach to business operations, adherence to legal requirements, and alignment with the company’s mission and values.

Table of Contents
Purpose
Scope
Code of Conduct
Employment Policies
Recruitment and Hiring
Equal Opportunity Employment
Employee Compensation
Working Hours and Overtime
Leave Policies
Employee Performance and Evaluation
Workplace Safety
General Safety Guidelines
Emergency Procedures
Data Security and Privacy
Communication Policies
Conflict of Interest
Disciplinary Actions
Review and Amendments
1. Purpose
The purpose of this policy is to provide clear guidelines for employees and management on the expectations and procedures related to various aspects of the business. This policy ensures that [Company Name] operates in an ethical, legal, and efficient manner, fostering a positive workplace culture and delivering high-quality products and services to our customers.

2. Scope
This policy applies to all employees, contractors, and volunteers of [Company Name], regardless of their position or tenure. It covers all business operations, including internal processes, employee behavior, customer interactions, and compliance with applicable laws and regulations.

3. Code of Conduct
Professionalism
All employees are expected to maintain a high level of professionalism. This includes dressing appropriately, behaving respectfully towards colleagues and customers, and representing the company in a positive manner.

Integrity
Employees must conduct themselves with integrity and honesty in all business dealings. This includes avoiding conflicts of interest, being transparent in communications, and adhering to all legal and ethical standards.

Confidentiality
Confidential information related to the company, its employees, and its customers must be protected. Employees are prohibited from disclosing any confidential information without proper authorization.

Respect and Diversity
[Company Name] is committed to creating a workplace where all employees are treated with respect and dignity. Discrimination or harassment based on race, gender, religion, age, disability, or any other protected characteristic is strictly prohibited.

4. Employment Policies
Recruitment and Hiring
Recruitment Process
Job openings must be advertised both internally and externally.
Applications are screened by the HR department to ensure they meet the minimum qualifications.
Selected candidates will undergo a series of interviews, assessments, and background checks.
Hiring Decision
The final hiring decision is made by the relevant department head in consultation with the HR department.
All offers of employment are subject to the candidate’s acceptance of the terms and conditions of employment.
Equal Opportunity Employment
[Company Name] is an equal opportunity employer. We do not d

1. Business Policy & Strategy
Chapter One
Business Failure –Business Success
Murdick, Moor, Babson & Tomlinson,
Sixth Edition, 2000

2. Business Policy & Strategy
Welcome to the Capstone Business
Policy Class. These are the PowerPoint
slides from the Murdick, Moor, Babson
and Tomlinson textbook used by
Professor Cheryl Van Deusen,
University of North Florida
They are posted, JIT, so you read the
textbook in advance!

3. Why Businesses Fail
Businesses fail, because managers fail
For example, Chiquita is about to file
bankruptcy after more than 50 years!
Other failures include People’s Express
Airlines, Uniroyal and Service Merchandise
Managers have different backgrounds, skills,
and abilities along with different levels of
training for systems and people

4. What Managers Need
The skill that management needs most
is the ability to formulate complex
decision-problems in understandable
action terms.
Management should decide on the best
action (after examining all alternatives)
and take that action.

5. Causes of Business Failures
Neglect causes 3.6%
Economic Factors 63.5%
Lack of experience 1.0%
Finances 24.1%
Fraud 2.2%
Disasters 4.6%
Strategic reasons 1.0%

6. Finance Failures
High levels of debt are burdensome
Heavy operating expenses
Insufficient capital

7. Economic Factor Causes
Inadequate sales 2.6%
Industry weakness22.5%
Insufficient profits37.3%
Not competitive .6%
Poor location .2%
Poor growth prospects.2%
Inventory difficulties.1%