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pol·i·cy
/ˈpäləsē/noun
- 1. a course or principle of action adopted or proposed by a government, party, business, or individual: "the administration's controversial economic policies" Similar
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Policy is a deliberate system of guidelines to guide decisions and achieve rational outcomes. A policy is a statement of intent and is implemented as a procedure or protocol. Policies are generally adopted by a governance body within an organization. Policies can assist in both subjective and objective decision making.
Public policy is an institutionalized proposal or a decided set of elements like laws, regulations, guidelines, and actions to solve or address relevant and real-world problems, guided by a conception and often implemented by programs.
The United States Capitol. The primary method of developing public policy is through the legislative process outlined in Article One of the United States Constitution. Members of the United States Senate and the United States House of Representatives propose and vote on bills that describe changes to the law of the United States.
Policy analysis or public policy analysis is a technique used in the public administration sub-field of political science to enable civil servants, nonprofit organizations, and others to examine and evaluate the available options to implement the goals of laws and elected officials.
Industrial policy is government policy to encourage the development and growth of all or part of the economy in pursuit of some public goal. [1] [2] [3] [4] Historically, it has often focused on the manufacturing sector, militarily important sectors, or on fostering an advantage in new technologies.
Policy Governance, informally known as the Carver model, is a system for organizational governance. Policy Governance defines and guides appropriate relationships between an organization's owners, board of directors, and chief executive.
Trade policy, which refers to tariffs, trade agreements and the international institutions that govern them. Policies designed to create economic growth. Policies related to development economics. Policies dealing with the redistribution of income, property and/or wealth.
In insurance, the insurance policy is a contract (generally a standard form contract) between the insurer and the policyholder, which determines the claims which the insurer is legally required to pay. In exchange for an initial payment, known as the premium, the insurer promises to pay for loss caused by perils covered under the policy language.
Social policy is a plan or action of government or institutional agencies which aim to improve or reform society. Social policy was first conceived in the 1940s by Richard Titmuss within the field of social administration in Britain.
Policy studies is a subdiscipline of political science that includes the analysis of the process of policymaking (the policy process) and the contents of policy (policy analysis). Policy analysis includes substantive area research (such as health or education policy), program evaluation and impact studies, and policy design. [2]