Determining the worst payoff for each alternative and choosing the alternative with the best worst is called:
A) maximin.
B) minimin.
C) maximax.
D) minimax.
Answer: A
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Human capital includes
A. the relationships between people. B. the output from assembly line employees. C. an improved product. D. an individual's capabilities, knowledge, and skills.
Halle plans to pay her workers the lowest hourly rate of pay generally allowed under the Fair Labor Standards Act. In other words, Halle will pay her workers ______.
A. skill-based pay B. overtime wages C. at-market wages D. minimum wage
Ravi would like to use the substitute for leadership concepts to improve his leadership effectiveness. Which of the following should he focus on?
a. Increase the distance between himself and his followers. b. Decrease his power. c. Put in place rigid organizational policies. d. Increase his team’s cohesion.
Broad-based category diversity definitions can be distinguished between two types, invisible and ___________.
a. Predominant b. Visible c. Noticeable d. Obvious