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2007-04-08 03:30:36 · 2 answers · asked by safdarzaidi1942 1 in Business & Finance Corporations

2 answers

Many times these two are interlaced or combined (I used Merriam Webster).

Policy refers to a plan or a course of action in accordance with a decision, in essence a rule to be followed. A company's policy can be that the President and Vice President cannot be in the same room during board meetings.

Process or Procedure refers to the steps done to perform a policy or action, a traditional method to getting things accomplisged. The company's policy to never have the President and Vice President in the same room is followed by this process - during board meetings, the Vice President is at another company location and video conferences in to the meeting or voting is done by proxy (someone comes in to represent/ cast the VP' s vote).

2007-04-08 03:41:27 · answer #1 · answered by bonsai67 3 · 0 0

The policy refers to the guidelines or rules around doing something. The process refers to the steps/actions you take to do it.

2007-04-08 03:34:54 · answer #2 · answered by Salvage1234 2 · 0 0

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