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Author Question: Under which decision-making conditions are managers operating when they use payoff matrices or ... (Read 41 times)

joe

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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



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fffftttt

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

E

Answer to Question 2

C


joe

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Reply #2 on: Jul 21, 2018
Thank you!


fffftttt

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Reply #3 on: Jul 21, 2018
Always glad to help...


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