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Difference between Customer Service Standards and Policies and Procedures
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ya yeet
The difference between accounting and auditing?"
there is none
There is one main difference between rules and policies. A policy sets a standard for how things should go. A rule is a steadfast policy that cannot be bent for any reason.
It is the difference between the private costs of regulations and the private benefits for the producer of financial services.
Statutory refers to laws passed by the state of federal government. Regulatory means a rule issued by some agency that the government has given authority to regulate an industry.
The difference between objectives and policies is that one is deciding what to do something and one is deciding how to do something. An objective is something you aim for and the way to get it. A policy is in place in a company or government to tell employees how to do something.
An enzyme is one kind of protein that can catalyze a specific reaction whereas a regulatory enzyme is the enzyme which can regulate a series of reaction which undergo in the living organism. So we can say every enzyme is not a regulatory one but the regulatory enzymes are obviously a special kind of enzyme.
Regulatory signs carry a legal penalty. Advisory signs do not. For example, a black and white speed limit sign is regulatory, and you can be fined for violating it. A yellow ramp speed sign is advisory and simply a safety device.
What risk? Assumed by who?