Economic World Business policy

Economic World Business policy:

Economic policy refers to the actions taken by a government or central bank to influence the economy. These actions can include monetary policy (manipulating interest rates and the money supply) and fiscal policy (taxation and government spending). Business policy refers to the strategies and decisions made by a company to achieve its goals and objectives. This can include marketing, operations, and financial management.

Economic policy can also include trade policy, which refers to a government's regulations and agreements regarding imports and exports. Another important aspect of economic policy is regulation, which refers to the rules and laws put in place to control certain industries or activities in order to protect consumers and promote competition.