In the Atkinson Model of Project Success,stakeholder Benefits NOT Accrued

question 35

Multiple Choice

In the Atkinson model of project success,stakeholder benefits NOT accrued by the organization might include:

• A)Improved effectiveness.
• B)Improved efficiency.
• C)Social and environmental impact.
• D)Increased profits.

---

Definitions:

Diminishing Marginal Utility

The principle that the utility or satisfaction gained by consuming each additional unit of a good or service decreases as more of that good or service is consumed.

Marginal Utility

The extra pleasure or benefit derived from consuming an additional unit of a product or service.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing and able to purchase at various prices.

Marginal Utility

The additional satisfaction or advantage a consumer experiences from consuming one more unit of a product or service.