This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Under which decision-making conditions are managers operating when they use payoff matrices or ... (Read 76 times)

joe

  • Hero Member
  • *****
  • Posts: 627
on: Jul 21, 2018

Under which decision-making conditions are managers operating when they use payoff
  matrices or decision trees to reach their decisions?


 
 

a. Certainty
  b. Uncertainty
  c. Probability
  d. Rationality
  e. Risk



Question 2

In which of the following decision-making conditions is the decision maker aware of all the
  alternatives and able to assign probabilities to the costs and payoffs of each alternative?


 
 

a. Certainty
  b. Uncertainty
  c. Risk
  d. Rationality
  e. Probability



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jul 21, 2018
Answer to Question 1

E

Answer to Question 2

C


joe

  • Hero Member
  • *****
  • Posts: 627
Reply #2 on: Jul 21, 2018
Thank you!


fffftttt

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: Jul 21, 2018
Always glad to help...


« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Plant adaptations for salty conditions. Plant adaptations for salty conditions.
Variation in climatic conditions result in geographic variation in the distribution of biome types a Variation in climatic conditions result in geographic variation in the distribution of biome types a
Comparison of Selected Respiratory Conditions Comparison of Selected Respiratory Conditions
A Lexical Decision Task A Lexical Decision Task
Examples of Emergency Conditions Examples of Emergency Conditions
Ethical Decision-Making Model Cont Ethical Decision-Making Model Cont
Video: Semidiscontinuous DNA replication

For a complete list of videos, visit our video library