Examples of Nonfinancial Criteria Include All of the Following EXCEPT

question 18

Multiple Choice

Examples of nonfinancial criteria include all of the following EXCEPT

• A)Capturing a larger market share.
• B)Reducing dependency on unreliable suppliers.
• C)Preventing government intervention and regulation.
• D)Making it difficult for competitors to enter the market.
• E)Calculating the time it will take to recover the project investment.

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Definitions:

Cognitive

Relating to mental processes such as perception, memory, thought, and problem-solving.

Systems Thinker

An individual who understands how parts of a whole interact with each other within a system, recognizing patterns and interrelationships.

External Environment

Refers to all external forces that can affect an organization’s performance, including economic, technological, social, and legal factors.

Short-Range Benefits

Advantages or positive outcomes that are achieved in a relatively short period following a particular action or decision.