Question

Distinguish between objectives and policies.

Hint:

Objectives are the "what," and policies are the "how" in any organizational framework.

Answer 1

Step 1: Definition of Objectives
Objectives are specific, measurable goals that an organization aims to achieve in a set timeframe. They are the desired outcomes or targets that guide the actions of the organization.
Step 2: Definition of Policies
Policies are broad guidelines or principles that an organization follows to achieve its objectives. Policies are meant to provide direction and ensure consistency in decision-making.
Step 3: Key Differences


Nature: Objectives are specific and measurable, while policies are general and broad.
Timeframe: Objectives have a defined timeline, whereas policies are long-term and enduring.
Purpose: Objectives focus on the end results, whereas policies guide actions and decisions to achieve those results.
Flexibility: Objectives are often fixed, but policies allow flexibility in decision-making within the defined boundaries.

Step 4: Conclusion
In short, objectives are the targets an organization sets, while policies provide the framework to achieve those targets.
Final Answer: \[ \boxed{\text{Objectives are specific targets, while policies are broad guidelines to achieve those targets.}} \]