Question

Differentiate between strategy, policy and procedures. What is the significance of having
procedures?

24 Jan 2018
Answer :
Word Count : 1032

In the context of management functions and behavior in tourism, strategy, policy, and procedures are interconnected concepts that play a critical role in achieving organizational goals and ensuring operational efficiency. Each serves a distinct purpose and operates at different levels of management, offering specific benefits when implemented effectively.


Strategy

A strategy is a high-level plan designed to achieve long-term objectives. It outlines the overall direction and priorities of the organization. Strategies are formulated at the top management level and serve as a roadmap for decision-making across the organization.

In tourism, strategies are often geared toward market penetration, customer satisfaction, sustainable growth, and competitive advantage. For instance, a tourism company might adopt a strategy focused on expanding its eco-tourism offerings to attract environmentally conscious travelers.

Characteristics of Strategy:

  1. Goal-Oriented: Focused on achieving long-term organizational objectives.
  2. Dynamic: Strategies must adapt to changing market conditions, consumer preferences, and technological advancements.
  3. Comprehensive: Encompasses various aspects of the business, including marketing, operations, finance, and human resources.
  4. Proactive: Anticipates challenges and opportunities in the external environment.
  5. Focus on Competitive Advantage: Ensures the organization remains ahead in the market.

Example in Tourism:

A hotel chain might implement a strategy to penetrate emerging markets by establishing luxury properties in lesser-known travel destinations, targeting affluent travelers looking for unique experiences.


Policy

A policy is a general guideline that establishes boundaries within which decisions can be made. It reflects the organization’s principles, values, and objectives and provides a framework for consistency in decision-making. Policies are often developed by mid- to senior-level management and are relatively stable compared to strategies.

In the tourism sector, policies address aspects like customer service standards, sustainability, and employee conduct. For example, a tour operator may have a policy to only work with suppliers who adhere to ethical labor practices.

Characteristics of Policy:

  1. Guidance-Oriented: Provides a clear framework for operational decisions.
  2. Flexible: Allows for discretionary judgment within the defined
______ ________ ____ __________ ________ _________ ______ _____ ___ ________.
___ ___ _________ __________ ________ ______.
_____ ____ ____ _____ _____ ___ ________ ________.
_____ _______ _________ ___ _____ _______ ___ ______.
______ _____ ______ ____ _______ ___ ________.
________ _______ ____ _____ _________ ________ ________ _________.
_______ _________ __________ _______ ____ _________ ___ _______.
______ ______ _________ _____ ________ _________ _____ ______ _______.
___ ______ _____ ___ _____ ____ ___ ____ __________.
____ ________ _______ _________ ___ ______ ___.
_________ ____ ______ _____ _________ ____.
__________ ______ _________ ________ _____ _____ ___ _______ ________ _____.
______ __________ _________ ______ ___ __________.
___ ________ ______ __________ _________ ___ ___ _________ ______ ________.
________ ______ ________ __________ _________.
__________ ________ ______ ___ _______ _____ _________ ________.
___ ______ __________ ____ ______ _______ _______ _______.
___ _____ _____ _________ _________.
____ ________ ___ ____ _______ _________ ________ _________ ______ ______ ____.
_________ _________ _______ _____ _____ __________ __________ ____ _______.
_________ ________ ___ ________ _____ _____ ______.
_______ _____ ___ _______ _______ ______.
________ ___ _______ __________ _____ _____ _________ ________ _____ ___.
_______ ______ _________ __________ ______ ____ ________ ___ ______.
______ ______ __________ ____ _____ ___.
____ _______ _______ _______ _________ ___ ______ _________ _____ ______ ____ ______.
______ ___ ________ _______ __________ __________ _______ ______ ____ ______.
____ ___ __________ _______ _______ _______ _________ ________ _______ _______.
_________ ____ _______ __________ ____ ________ _________ __________ _____.
___ ____ _______ ___ __________ ________ _______ ___ _________ ____ _________ _______.
_________ _______ _______ ____ _______ ___ ______.
_____ ___ _____ __________ _____ _______ _____ ___ ___ _________ ___ ___.
__________ ________ ______ _______ _____ ___ ___ ___ ___ ______ _____.
_______ _____ ________ __________ ___ _______ ____ _______ _________ ___ _______ _____.
______ ___ ______ __________ _______ ____ ___ _________ __________ ___ _________.
_________ _____ _______ ____ ______.
______ _______ _________ ________ ________ ____.
__________ __________ __________ _________ ________ _______ ______ _____.
_________ ______ _________ ______ ______ ______ ___ ________ _______ ___ ______.
____ _______ ___ ________ _________ ________ _____ ___.
________ _________ ______ _______ ______ ___ ________ ____ _____ _______.
__________ ____ ____ ____ ____ ____ _________ ________.
__________ ______ __________ ____ ___ __________ ___ _________ _____ ________ ____ _____.
____ ________ ________ ______ ______ ______ ____ _________ ________.
_______ ______ _________ ____ __________ ___ __________ _____ ______ ______.
_______ ______ _________ ________ _____ __________ _____ ________ _________ ____ ________ _____.
_______ _____ _______ _____ ______ ________ _______ ____ __________ ___ __________.
___ _____ ____ ___ ________ _____ __________ __________ __________.
______ __________ ____ _______ _____ _____ _________ ____ __________ _____.
__________ ___ ________ ______ ___ ________ ___ ______ ________ ________ _______ ________.
______ _______ ________ ________ __________ ___ ______ ______ ____ __________.
________ _____ ____ __________ ______ __________ ______ _____ _________ _________.
_________ _______ ___ __________ ___ ___ ______ _____ _______ __________ ___ _______.
___ _____ _________ _________ ______.
_______ _____ _______ ____ ___ ______ _____ ___ ___ _________ ___ _______.
_____ __________ ___ _______ ______.
________ _______ _______ ___ ____ __________ ____ ___ __________ ____ ________.
_________ _____ ____ _____ _____.
__________ ______ ______ ______ ____ ____ __________ ________.
___ ________ _____ ____ __________ ____ _________ ________ ________ _____.
_____ ______ ________ ____ _____ _____ _________.
_____ __________ ____ __________ ________ ______ ___ ______ _______ _________ ____ __________.
______ ________ ________ ____ _____ _________ ______ __________ _____.
_____ __________ _______ __________ _________.
______ ________ _________ _______ ________ ______ ___ __________ ________ _______.
_______ ______ _____ _______ ________ _______ _________ _________ _____ ______ _________.
____ ______ ________ __________ _______ _______ _______ ______ __________ _______ _________.
_____ _____ _______ __________ __________ ___ _______ ____ ____ ________.
_______ __________ ________ ________ _____ ________ _______.
______ _________ ________ ______ _______ ___ _____ _______ _______.
______ _____ _____ ___ ________ ____ ______ ________ __________.
_____ ___ _________ ____ ___ ______ ____ __________ __________ _________ __________.
________ ___ ____ _______ _____ _________ _______ ________ _____ _____ ___ _____.
____ ___ _________ ________ _______ __________ ___.
_______ ______ _____ _______ __________ ________ _________ ___ __________ ______ _________ _________.
____ _____ ____ ____ ____ ____ ______ ______ _________ ______ _________ ___.
________ ___ _____ ________ ________ __________ _____ ________ _____ ___ _________.
___ _______ _____ _____ _______ ________ ______.
______ ________ __________ ______ ______ _________ _________ ______ _________.
IGNOU ACADEMY
Your IGNOU journey, made easier.
  • Solved Assignments
  • Study Notes
  • Guess Papers
  • Question Papers
Skip in 10
Top
📞
Call Support Instant phone assistance IGNOU MTM 1 2017 - Differentiate between strategy, policy and procedures. What is the sig | IGNOU Academy
→
🟢
WhatsApp Chat Fast live messaging
→
Email Us Business enquiries & support
→