An uncertain future event affecting the consequence, or payoff, associated with a decision is known as
a. decision alternative.
b. payoff node.
c. chance event.
d. uncertain probability.
c
Business
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Which in not an example of a service business?
a. a hair salon; b. a doctor; c. an accountant; d. a bookstore; e. all are service businesses.
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Operating budgets are plans used in daily operations
Indicate whether the statement is true or false
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What is the simplest, easiest-to-apply ethical theory?
a. egoism b. social group relativism c. cultural relativism d. utilitarianism
Business
Generally speaking, managers feel better about themselves when they behave ethically
a. True b. False Indicate whether the statement is true or false
Business