Agreeing on a final policy based on consultation is crucial as it ensures that diverse perspectives and stakeholder concerns are considered, leading to more inclusive and effective decision-making. This collaborative process fosters trust and buy-in from those affected by the policy, increasing the likelihood of successful implementation. Additionally, it helps to identify potential challenges and solutions early on, ultimately resulting in more robust and sustainable policies.
agreeing with or based on convention
Originated policy refers to a policy that is created or established for the first time, rather than being based on existing policies or practices. This type of policy is typically developed in response to a specific need or issue within an organization or institution. Originated policies often undergo a thorough process of research, consultation, and analysis before being officially implemented.
Much of Spain's foreign policy was based on goodwill and understanding.
Modern fiscal policy is based on the work of prominent economists such as John Maynard Keynes, who advocated for government intervention in the economy to promote growth and stability through fiscal measures like government spending and taxation. Other influential economists in shaping modern fiscal policy include Milton Friedman, who focused on the importance of monetary policy in stabilizing the economy.
Harding and Coolidge both based their foreign policy on a return to isolationism.
French Colonial Policy
International policy is the same as foreign policy. Each nation deals with other nations based on the foreign policy of all nations.
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Policy of Boldness
It is based upon the policy itself. You probably don't want to renew a term policy after the initial period of time if you are healthy it will be better for you to get a new policy. New business rates will be much better than what is set up within the policy for renewal periods.
Mercantilism