Sunday, June 13, 2010

Answer to quiz: pros and cons

Question: I'm not sure what to do. I'll make a list of the ____________ and then decide.
                                                                                 
Answer: Pros and cons.       
                                                                                 
Pros and cons are strategic advantages and disadvantages regarding a particular situation. This comes from the Latin phrase, pro et contra, which means "for and against".               
                                                                                 
In decision-taking it's useful to make a list of the pros and cons. For example, if you are deciding whether to take up a job offer, your pros might be higher salary, more interesting work, staff canteen, a fresh start. Cons might be a temporary contract, further to travel, no summer holiday this year, stress of changing.
                                                                                 
In business people often use a SWOT analysis to weigh up the strengths, weaknesses, opportunities and threats of a project.

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