The Outcome of a Situational Analysis Is the

question 36

Multiple Choice

The outcome of a situational analysis is the

• A) evaluation of the merits and feasibility of a range of alternatives.
• B) prioritization and elimination of goals.
• C) identification and diagnosis of planning assumptions, issues, and problems.
• D) selection of the most appropriate and feasible alternative among various goals.
• E) proper implementation of a plan.

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Definitions:

Nonrival-in-consumption

A property of a good whereby one person's consumption does not diminish the utility of that good for others.

Consumption

The process by which goods and services are used up by consumers, reflecting the end use of products and services in an economy.

Nonpaying Customers

Individuals or entities that receive goods or services without providing payment or compensation.

External Benefits

refer to positive effects of a transaction or activity on third parties who are not directly involved in the transaction.