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Firms need to frame policies in the organization because policies act as guiding principles that direct the behavior, actions, and decision-making of employees at all levels. In the study of management, policies are considered essential tools for ensuring consistency, fairness, and efficiency in organizational functioning. They provide a framework within which both managers and employees can operate, reducing confusion and minimizing the chances of arbitrary decisions. Without well-defined policies, an organization may face issues of mismanagement, lack of direction, and internal conflicts, __________ ___ _____ _________ ________ ______ ____.
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