Advanced Placement (AP) College

Explain the Top Down and Bottom Up Approach to policy making. How are they different? How are they Similar? Do you find them convincing?
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Answers

Answer 1

In order to assess and choose securities, top-down and bottom-up procedures are used, but the phrases are also used in a wide range of other financial and investing contexts.

What distinguishes the bottom-up method from the top-down approach?

Top-down management is when choices that affect the entire organization are only made by the management at the top, whereas bottom-up management involves all teams in these kinds of decisions. The top-down technique places more emphasis on the step where it divides a specific issue into much smaller sections. Contrarily, the bottom-up method prioritizes resolving the smaller issues first before incorporating them into a comprehensive and entire solution.

What are the top-down and bottom-up approaches' similarities and differences?

The ways in which a corporation identifies its primary goals is comparable in each of these models, despite the fact that they represent two opposite methods. On a very fundamental level, the bottom-up technique navigates from the particular to the general, whereas the top-down approach tries to travel from the particular to the general.

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