Business Studies Operational Influences Question

op

Hi all,
I was wondering if anyone could clarify the difference between government policies and legal regulation with regards to the influences on operations management.
It's definitely something I find hard to process so any 'dumbing down' would be much appreciated.

Thanks, and good luck to all preparing for the upcoming trials!! 🙂

mman

Policies are made by individuals, businesses, and even governments to carry out their plans usually in the form of a written statement. Regulations are rules that are made to make people comply and behave in a certain manner