company guideline is a statement that defines or constrains some facet of the business. Its intended to assert company structure or to get a handle on or influence the behavior of company. Business principles describe the businesses, definitions and limitations that connect with a company.
1. Reengineering: frequently unwritten assumptions and set means of working that become evident whenever company processes tend to be analyzed and recorded. Business principles (including when you should take or deny credit, whenever and exactly how to hire or fire staff members, when to restock inventory) result from just how a company perceives and makes use of information. These principles in turn determine how the firm features and conducts its business. 2. Data: Statement that imposes a constraint on the selection, interactions, and structure of this data elements in a database.