In the Final Step of the Policymaking Process, the Policy

question 56

Multiple Choice

In the final step of the policymaking process, the policy is reviewed for its effectiveness and efficiency; if changes are needed, the issue is placed back on the policy agenda, and the cycle starts again. What is this step called?

• A) Policy enactment
• B) Policy formulation
• C) Policy evaluation
• D) Problem identification
• E) Policy implementation

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Definitions:

Binder

A written, temporary insurance policy.

Policy

In insurance law, a contract for insurance coverage. The policy spells out the precise terms and conditions as to what will and will not be covered under the contract.

Potential Loss

The possibility of experiencing a negative outcome, often calculated in terms of financial impact.

Risk

A prediction concerning potential loss based on known and unknown factors.