Bus 101: Lecture 5 Flashcards
1
Q
SAF evaluation criteria
A
suitability, acceptability, feasibility
2
Q
Suitability
A
does the proposed strategy address the key opportunities and threats an organization faces?
3
Q
Acceptability
A
does the proposed strategy meet the expectations of stakeholders (risk vs. return)?
4
Q
Feasibility
A
Would the proposed strategy work in practice?
(Can the strategy be financed, can people do the project)
5
Q
Evaluating an alternative is…
A
subjective, but your analysis should help reduce some of that uncertainty.
6
Q
consider ___, when evaluating risks.
A
legal risks
7
Q
when considering costs, also consider___
A
non financial costs.
