Public Policy Initiative Explanation
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Explain the role of production, bargaining, and opportunism costs in relation to assessing public policy initiatives. Please provide at least one example to illustrate your understanding of the concept.
Your response should be at least 200 words in length.
Compare and contrast "field research" and "document research." Identify the issues associated with gathering and using information for policy analysis.
Your response should be at least 200 words in length.
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Solution Summary
The response provides you a structured explanation of public policy initiatives and public policy analysis . It also gives you the relevant references.
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Role of production, bargaining, and opportunity costs:
Public policy has the objectives of solving problems, serving justice, supporting government policies, and encouraging active citizenship. Public policy can be assessed in terms of production which refers to the processes and methods used to transform tangible/intangible inputs into goods and services. When public policy initiative leads to setting up of new production facilities, encourages more efficient processes, and encourages the use of latest technology in production, it can be assessed positively. For example, a public policy initiative leads to the setting up of a new plant that makes mobile phones in the area leading to higher incomes, higher employment, and improved community, the initiative is assessed positively (1). Similarly, when a public policy initiative leads to improved bargaining that brings benefits to the people, the initiative is assessed positively. Some ...
Education
- BSc , University of Calcutta
- MBA, Eastern Institute for Integrated Learning in Management
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