Policy and Strategy in Today's Business Environment Term Paper

Pages: 1 (311 words)  ·  Style: APA  ·  Bibliography Sources: 1  ·  File: .docx  ·  Topic: Careers

Policy & Strategy

In today's business environment, it has become important to implement strategies to not only ensure the highest possible profit margins for the company, but also to ensure employee satisfaction. Indeed, that latter works concomitantly with the former to promote the company's success. When employees are satisfied within their working environment, there is a lower worker turnover. This reduces the costs in terms of human resources and revenue in training new employees. Employee empowerment also plays and important role in the success of a company; it is an element that goes hand-in-hand with employee satisfaction. Empowerment helps to make employees feel in control of the work environment and of the terms according to which they will perform well.Get full Download Microsoft Word File access
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Term Paper on Policy & Strategy in Today's Business Environment, Assignment

In the JetBlue company, employees are empowered to optimize their loyalty to the company by honoring its core values: "safety, caring fun, integrity, and passion" (p. 2). To reinforce this culture, the company also has… [END OF PREVIEW] . . . READ MORE

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APA Style

Policy and Strategy in Today's Business Environment.  (2008, May 24).  Retrieved October 23, 2020, from https://www.essaytown.com/subjects/paper/policy-strategy-today-business-environment/103396

MLA Format

"Policy and Strategy in Today's Business Environment."  24 May 2008.  Web.  23 October 2020. <https://www.essaytown.com/subjects/paper/policy-strategy-today-business-environment/103396>.

Chicago Style

"Policy and Strategy in Today's Business Environment."  Essaytown.com.  May 24, 2008.  Accessed October 23, 2020.
https://www.essaytown.com/subjects/paper/policy-strategy-today-business-environment/103396.