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 94 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?

Adolescents often feel clumsy during puberty because during this time of development, their hands and feet grow faster than their arms and legs do. The body is therefore out of proportion. One out of five adolescents actually experiences growing pains during this period.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

By definition, when a medication is administered intravenously, its bioavailability is 100%.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Automated pill dispensing systems have alarms to alert patients when the correct dosing time has arrived. Most systems work with many varieties of medications, so patients who are taking a variety of drugs can still be in control of their dose regimen.

Comparison of Selected Respiratory Conditions Comparison of Selected Respiratory Conditions
Some uses of recombinant DNA technology for making improved vaccines Some uses of recombinant DNA technology for making improved vaccines
Interventions for Selected Co-Occurring Conditions Interventions for Selected Co-Occurring Conditions
Medications and Medical Conditions Associated with Anxiety Medications and Medical Conditions Associated with Anxiety
Various types of integumentary conditions. (C) Acne. Various types of integumentary conditions. (C) Acne.
Social Conditions in China Social Conditions in China
Video: Carbohydrate digestion (brush border enzymes, end products) & Carb absorption (fructose, galactose)

For a complete list of videos, visit our video library