Examlex
After a company's strengths and weaknesses are assessed, the strategic planning process should identify opportunities and threats facing the company and should isolate the key factors for success in business.
Externality
An economic effect of a transaction that affects third parties who did not choose to be involved in the transaction.
Externality
An externality is a cost or benefit caused by a producer that is not financially incurred or received by that producer.
Market Exchange
The process through which goods, services, or assets are traded between buyers and sellers at a determined price.
Negative Externalities
Unintended and unfavourable outcomes of an activity or transaction that affect third-party stakeholders who did not choose to be involved in that activity.
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