Company car policy
The term company car policy apply to car companies. Policy is not the same as the law. While law can prohibit behaviors, policy can only direct actions in direction that should be the best for the company.
The term policy can also mean a process of making important organizational decisions.
Policy analysis: A policy analysis is typically based on why a decision is taken, who are the stakeholders, how decisions are made, how the decision will be translated into practical policy, and how will be that decision subsequently evaluated.
The expression can not be translated into all languages, although the various sub-elements of the analysis chain can be translated.
Policy is a professional language, which is used mainly in Political Science.