Distinguish between Policy and Procedure. - Vidyadip

Question

Distinguish between Policy and Procedure.

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Answer

S. No.	Basis	Policy	Procedure
1.	Meaning	It guides thinking for decision-making.	It guides action. It contains steps to be taken in a chronological order.
2.	Source	It is derived from objectives of the enterprise.	It is laid down to implement some policy.
3.	Flexibility	It is flexible.	It is more or less rigid.
4.	Scope	It leaves some scope for the manager's discretion.	It gives no discretion to the person concerned with its implementation.
5.	Nature	It is expressed in the form of a general statement.	It is expressed in more specific terms.

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