Explain the principle of dominance as used in game theory
What will be an ideal response?
used to eliminate strategies that would not ever be played
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Annette contemplates enacting stricter sanctions and punishments for violations of safety standards at The Burger Joint. Alternatively, she considers implementing a reward system, such as bonuses or vacation time for low injury rates. Annette has accomplished which step of the decision-making model?
A. generate multiple alternatives B. identify and weigh decision criteria C. choose, implement, and evaluate the best alternative D. rate alternatives on the basis of decision criteria
Jed is interested in using a forced-ranking scale to evaluate the employees in his work group. He should be aware of the following criticisms of the forced-ranking scale: ______.
A. Concerns have been raised that forced rankings are demotivating B. Forced rankings can hinder team satisfaction C. Some companies noticed that retention increased each year after the performance review process D. Employees keep listening after they get their ranking in order to hear the essential feedback needed to improve their performance
Which of the following is a plan for combining the four components of the promotional mix to achieve one or more marketing goals?
a. public relations campaign b. advertising initiative c. media blitz d. promotional campaign e. marketing strategy
The accountant of Skyscrapers Architectural Services failed to make an adjusting entry to record $7,000 of depreciation expense. Which of the following statements is true?
A) The total liabilities will be overstated. B) The equity will be understated. C) The total assets will be overstated. D) The total assets will be understated.