In decision making process, the worst alternative is the one which have a. More positives with more negatives b. More negatives with less positives Ос. Less positives with less negatives O d. More positives with less negatives
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- 1. In general, which one of the following statements is CORRECT? a. Decision making is both an art and a science. b. Decision making is neither an art nor a science. c. Decision making is an art with some scientific overtones. d. Decision making is an art but not a science. e. Decision making is a science but not an art. 2. Which one of the following statements IS NOT a characteristic of decision making at the organizational level? a. Organizations often use rather simple rules of thumb to make decisions. b. Organizations make extensive use of programmed decisions. c. Organizations learn. d. Organizations engage in directed search. e. Organizations make decisions that are bound by the biases of their mission statements. 3. Which one of the following statements is CORRECT? a. Category I decisions often require a judgmental decision-making strategy. b. Category II decisions usually require a computational decision-making strategy. c. A computational decision-making strategy can be…The decision making is a. The process of rejecting the wrong alternative from multiple possible solutions b. The Process of adopting the right decision c. The process of selecting one of several possible solutions d. The process of selecting several of several possible sol6- In decision making process, the worst alternative is the one which have a. More positives with less negatives b. Less positives with less negatives c. More negatives with less positives d. More positives with more negatives
- Which of the following does NOT apply to decision making under uncertainty? a. Minimax regret b. Maximin return c. Maximize expected return d. Maximax returnIdentify the statement which is TRUE regarding decision making. a. Managers should use only ready-made solutions all the time. b. Managers should not use any ready-made solutions at all. c. Managers should rank the solutions according to his personal preferences only. d. Managers should rank the solution according to its advantages and disadvantages.Need answer fast - In a decision problem under uncertainty where Return-On-Investment (ROI) is the objective pursued, valid decision criteria are (check all that applies) (a) Maximin Regret (b) Minimin (c) Maximax (d) Minimax.
- Which of the following is not a criterion for decision making? a. Maximum likelihood b. Bayes’ decision rule c. Maximax d. Maximin e. EVPI22- Identify the statement which is TRUE regarding decision making. a. Managers should use only ready-made solutions all the time. b. Managers should rank the solution according to its advantages and disadvantages. c. Managers should not use any ready-made solutions at all. d. Managers should rank the solutions according to his personal preferences only.1. Discuss the process you would employ to develop a suitable balanced scorecard for a tourist site organization and give examples of measures that would be incorporated within it. 2. Discuss how break even analysis can aid management in decision-making. 3. Discuss the practical difficulties associated with the use of breakeven analysis by managers in decision-making.
- 1. Compare the management model Kotter, Satir, Bridges and Lewin models. What are the drawbacks of each? What is the common thread that always appears in each of these models? Explain And give the reference (please solve my problem and no reject, thank u)Uncontrollable inputs are the decision variables for a model Select one : True or falseAn optimistic decision-making criterion is sometimes called: a. equally like criterion b. decision making under certainty c. maximin criterion d. maximax criterion