What Is the Advantage of Doing a Formative Evaluation

question 42

Multiple Choice

What is the advantage of doing a formative evaluation?

• A)it enables the agency to decide whether or not to implement the program
• B)it allows program changes to be made before it is too late
• C)it allows the researcher to complete an experimental study instead of a quasi-experimental study
• D)it allows for a final "formed" evaluation of the success or failure of the program

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Definitions:

Demand Function

A mathematical relationship that expresses the quantity of a good or service demanded at various prices.

Newspaper Prices

The cost at which newspapers are sold to consumers, which can influence demand and circulation numbers.

Joint Operating Agreement

A contractual agreement among co-venturers specifying the terms and conditions under which a joint venture will operate and the responsibilities and share of each participant.

Marginal Cost

The cost added by producing one additional unit of a good or service, crucial for decision-making in business.