policy

Vocabulary Word

Definition

'Policy' typically refers to a set of rules or guidelines followed by an organization. It could be something important like a company's policy on workplace safety or something simpler like a library's policy on late fees.

Examples in Different Contexts

In a corporate setting, a 'policy' dictates certain standards or practices. A CEO might state, 'Our company's data privacy policy ensures that customer information remains confidential and secure.'

Practice Scenarios

Public-Policy

Scenario:

There's a rise in homelessness in the city. This warrants an urgent review of our social welfare systems.

Response:

It's time to reform our housing policy to address the homelessness issue more effectively.

Academics

Scenario:

Academic misconduct has become a serious concern across all department. We need a robust intervention.

Response:

We definitely need to strengthen our academic integrity policy to discourage such misconduct.