Which Strategy Planning Configuration Is Most Likely to Be Used

question 49

Multiple Choice

Which strategy planning configuration is most likely to be used by organisations operating in stable markets?

• A) Imposed political
• B) Incremental cultural
• C) Planned incrementalism
• D) Incremental political

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Definitions:

Marginal Social Benefit

The additional benefit to society from consuming one more unit of a good.

Marginal Cost

The financial outlay required to produce an additional product unit.

Socially Optimal

The socially optimal point is where the societal benefits of consuming a good or service equal the societal costs of producing it, leading to an efficient allocation of resources.

Marginal Benefit

The increase in utility or enjoyment an individual gets by consuming an additional unit of a good or service.