According to Political Scientists, How Many Stages Are There in the Public

question 41

Multiple Choice

According to political scientists, how many stages are there in the public policy cycle?

• A) three
• B) four
• C) five
• D) six
• E) seven

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Definitions:

Market Development

A business growth strategy focusing on increasing sales of existing products to new markets or demographic segments.

Diversification

The strategy of increasing the variety of products or markets to reduce risk.

Diversification

The strategy of entering into new markets or creating new products to spread and reduce risks.

Product-Market Evolution

describes the dynamic changes and development in how a product interacts with its market, including growth, competition, and consumer preferences over time.