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 42 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?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

In the United States, congenital cytomegalovirus causes one child to become disabled almost every hour. CMV is the leading preventable viral cause of development disability in newborns. These disabilities include hearing or vision loss, and cerebral palsy.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
Patient conditions not appropriate for elctronic blood pressure measurement Patient conditions not appropriate for elctronic blood pressure measurement
This pre-Anasazi community in Mesa Verde, Colorado, was carved into a cliff, making it nearly impreg This pre-Anasazi community in Mesa Verde, Colorado, was carved into a cliff, making it nearly impreg
The perception of motion under four different conditions. The perception of motion under four different conditions.
Oral Conditions and the Appropriate Herbal Supplement Oral Conditions and the Appropriate Herbal Supplement
In a typical proteomic analysis, cells are exposed to different conditions In a typical proteomic analysis, cells are exposed to different conditions
Video: How does asthma work?And How do you treat asthma?

For a complete list of videos, visit our video library