Read the following passage and answer the questions that follow :
Gene expresses itself in a cell system as a protein/enzyme. How an expression of gene occurs in a cell system, when it needs to occur and how the gene expression is regulated in prokaryotic cell system was studied by the combined efforts of Francois Jacob, a geneticist and Jacques Monod, a biochemist. For their work on lactose metabolism in E. coli and introducing the concept of "lac operon", they were awarded the Nobel Prize in 1965.
Why is lac operon said to be a transcriptionally regulated system ?