Formal and informal policies are popularly known as the rules of the game.

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Formal and informal policies are essentially the rules that guide behavior and decision-making in an organization or society, hence they are commonly called 'the rules of the game.' Formal and informal policies are indeed known as the rules of the game. These policies dictate the behavior and actions of individuals and organizations within a particular context or system.

Formal and Informal Policies Are Popularly Known as the Rules