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Author Question: Decision making when the manager understands the available options but the probabilities associated ... (Read 40 times)

Ebrown

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  • Posts: 567
on: Jul 21, 2018

Decision making when the manager understands the available options but the probabilities
  associated with each option are uncertain is known as


 
 

a. decision making under risk.
  b. decision making under uncertainty.
  c. decision making under certainty.
  d. the rational model of decision making.
  e. none of these.



Question 2

A manager is deciding how to invest liquid funds. The organizations banks can describe
  various options available for investment, each of which may have a guaranteed rate of
  return. This is an example of


 
 

a. decision making under risk.
  b. decision making under uncertainty.
  c. decision making under certainty.
  d. bounded rationality.
  e. satisficing.



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Marked as best answer by a Subject Expert

wuly

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Reply #1 on: Jul 21, 2018
Answer to Question 1

A

Answer to Question 2

C


Ebrown

  • Member
  • Posts: 567
Reply 2 on: Jul 21, 2018
Excellent

ryansturges

  • Member
  • Posts: 338
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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