When an organization lacks policies, its operations become less predictable. Which of the following is a challenge you can expect without policies? a. Lower costsb. Increased regulatory compliance c. Customer dissatisfactiond. Low retention rates for employees

Question

Business

Arturo Arnold

26 April, 08:56

When an organization lacks policies, its operations become less predictable. Which of the following is a challenge you can expect without policies? a. Lower costsb. Increased regulatory compliance c. Customer dissatisfactiond. Low retention rates for employees

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Answers (1)

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Anthony Wagner · Answer 1

The correct answer is letter "C": Customer dissatisfaction.

Explanation:

In front of a lack of policies, companies are likely to fail in accomplish their basic objectives such as manufacturing their goods on time or covering the minimum quality standards for the product to be attractive to consumers. Under that scenario, little by little the company will lose its market share as a result of customers' dissatisfaction.