A company is planning to build a new facility in a foreign country, and the success or failure of this venture depends on the demand for the products produced at the facility. It estimates that there is a 70% probability of high demand for the products and a 30% probability of low demand. This is an example of ______.
A. decision under certainty
B. decision under uncertainty
C. decision under state of nature
D. decision under risk
D. decision under risk
You might also like to view...
A characteristic of a ________ unit is that it can be a single business or collection of related businesses that can be planned separately from the rest of the company
A) strategic business B) subsidiary C) merged D) niche market E) specialized business
________ defense is an aggressive maneuver where the firm attacks first, perhaps with guerrilla action across the market and keeps everyone off balance
A) Position B) Flank C) Contraction D) Preemptive E) Lateral
____ is a typical activity included in service management and improvement.
A. Monitoring the network for sign of degradation and communicating status to customers B. Participating in the negotiation of SLAs and monitoring performance to ensure that the service desk is meeting its commitments C. Ensuring that analysts can quickly and easily retrieve information from the knowledge management system D. Evaluating and selecting new support technology to ensure it meets existing standards
Lovine, a women-centric magazine, interviewed a victim of domestic violence. Although the magazine assured the victim that her name would not be mentioned in the article, it later published the article with the victim's real name. This scenario exemplifies a(n) _____.
A. ethical lapse B. ethical dilemma C. false dilemma D. false dichotomy