The Stages of Rational Decision Making, in Order, Are

question 6

Multiple Choice

The stages of rational decision making, in order, are:

• A) Identify the problem or opportunity; generate alternative solutions; evaluate alternatives; and implement and evaluate the solution.
• B) Generate alternative solutions; identify the problem or opportunity; evaluate alternatives; and implement and evaluate the solution.
• C) Evaluate alternatives; identify the problem or opportunity; generate alternative solutions; and implement and evaluate the solution.
• D) Evaluate alternatives; generate alternative solutions; identify the problem or opportunity; and implement and evaluate the solution.
• E) Identify the problem or opportunity; evaluate alternatives; generate alternative solutions; and implement and evaluate the solutions.

Understand the contributions of private sector donations to nonprofit organizations and their societal impacts.

Differentiate between effectiveness and efficiency within the operations of nonprofit organizations.

Compare various models and approaches (like logic model, balanced scorecard) used for assessing nonprofit performance and outcomes.

Explain the role and impact of watchdog organizations on nonprofit accountability and transparency.

---

Definitions:

United States Code

The comprehensive, codified collection of the permanent general and special laws of the United States federal government.

Suretyship Provision

A legal agreement in which a third party agrees to be responsible for the debt or obligation of another party if that party fails to perform or pay.

Main Purpose Doctrine

A legal principle that a promise to pay the debt of another does not need to be in writing if the guarantor's main purpose benefits themselves.

Statute of Frauds

A legal principle requiring certain contracts to be in writing and signed by the party to be charged to be enforceable.