Which of the Following Is an Example of a Resource

question 39

Multiple Choice

Which of the following is an example of a resource that normally would not be evaluated as part of the "resource sufficiency" stage of organizational feasibility analysis?

• A) Ability to form favorable business partnerships
• B) Financial resources
• C) Affordable office space
• D) Key equipment needed to operate the business
• E) Key support personnel

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Definitions:

Total Profit

The financial gain obtained by subtracting total expenses from total revenue generated from sales or operations.

MR

Marginal Revenue, the additional income that an organization earns by selling one more unit of a product or service.

MC

Marginal Cost; the additional cost incurred from producing one more unit of a good or service.

Tunnel Vision

A cognitive bias that creates a focus on a single goal or perspective, often leading to overlooking other relevant information or alternatives.