Outcome
An outcome is the result of a given situation, an event, or a decision. In business, an outcome can be either positive or negative. Positive outcomes are those that lead to increased profits, while negative outcomes are those that result in decreased profits or even losses.
There are many different ways to define an outcome. One common way is to think of it as the bottom line – what was the net result of the situation? Another way to think of it is as the goal – what was the desired result of the situation? And yet another way to think about it is as the consequence – what happened as a direct result of the situation?
No matter how you define it, one thing is certain: outcomes are important. They provide a way to measure success and failure, and they can help guide future decision-making.
