Policy statement,

Definition of Policy statement:

1. Formal document outlining the ways in which an organization intends to conduct its affairs and act in specific circumstances. See also policies and procedures.

How to use Policy statement in a sentence?

1. The merger of the three non-profit agencies created a need for a new policy statement to make it clear how the new organization planned to operate and manage its affairs.
2. You should always check any policy statement so that you know you are doing things the right way and how they need to be done.
3. The policy statement was really interesting and I really liked what it put forth and what it all meant for me and my company.