An Example:
Policy Charter Extract for Hugh-Mongus Auto Collision Repair

Project Scope:  To make payments to suppliers.

Objective:  To maintain good partnership with suppliers.

Tactic I:  Payments to suppliers should be convenient for suppliers.

Risk:  High administration costs.

Supporting Tactic:  Electronic funds transfer capabilities should be provided.

Risk:  High degree of error in inter-bank transmission.

Policy:  Electronic funds transfer will be available only to suppliers with bank accounts at MegaBank.

Tactic II:  Advance payment should be given to suppliers.

Risk:  Unable to recover advance payment.

Policy:  Advance payment should be given only to primary suppliers.

Policy Summary

• Electronic funds transfer will be available only to suppliers with bank accounts at MegaBank.
  
  
• Advance payment should be given only to primary suppliers.