Generally, External Opportunities and Threats Are

question 66

Multiple Choice

Generally, external opportunities and threats are

• A) uncontrollable by a single organization.
• B) unable to have a significant impact on an organization.
• C) not worth monitoring and evaluating.
• D) key functions in strategy implementation.
• E) key functions in strategy exploitation.

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Definitions:

Utility Maximizing

The act of choosing the combination of goods and services that maximizes a consumer's satisfaction or happiness with a given income.

Marginal Utility

The additional satisfaction or utility received by consuming one more unit of a good or service.

Soft Drinks

Non-alcoholic beverages that are usually carbonated and contain various flavorings and sweeteners.

Chips

Thin slices of potatoes, vegetables, or other foods, fried or baked until crispy, commonly served as a snack or side dish.