Move: Click Move, choose a destination folder for the selected objects, then click OK.
5.3 Deleting a Folder
Deleting a folder also deletes all of its contents (policies, policy groups, and subfolders).
1 In ZENworks Control Center, click the Policies tab.
2 In the Policies list, select the check box next to the folder (or folders).
3 Click Delete.
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ZENworks 10 Configuration Management Policy Management Reference