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Definition


The Standard Operating Procedures (SOPs) are the documented processes that a company has in place to ensure the consistent delivery of services and/or products every time. Every business require key SOPs including (1) Operations – steps to handle the overall execution of services, (2) Strategic Management – steps for senior management to generate the company’s long-term  strategy, (3)  HR & payroll management – steps for recruitment, (4) Forecasting & budgeting –  steps for forecasts completion, and so on.

 

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www.divestopedia.com

 

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