Question: What is the difference between a policy, a rule, and a procedure? Provide an example of each one. What is contingency planning, and why is

What is the difference between a policy, a rule, and a procedure? Provide an example of each one. What is contingency planning, and why is it important? How does planning differ at different Management levels? Could you comment on the executive, middle, and lower management planning and its contribution to the organization

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