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Title: Nonprogrammed decision making relies on procedures, rules, and policies. (True or false?) Post by: mmr53 on Mar 2, 2018 Nonprogrammed decision making relies on procedures, rules, and policies.
Indicate whether the statement is true or false. Question 2 A policy is an explicit statement that tells a manager what can or cannot be done. Indicate whether the statement is true or false. Question 3 Rules and procedures are the same. Indicate whether the statement is true or false. Question 4 A programmed decision is a repetitive decision that can be handled by a routine approach. Indicate whether the statement is true or false. Question 5 Depending on the weather and the amount of advertising, Kyle has developed six scenarios for his summer profits from his lawn care business. His business has failed to reach his expectations in the past, so he fears the worst. Kyle will likely choose the option that ________. A) maximizes the maximum possible payoff B) maximizes the minimum possible payoff C) minimizes the maximum regret D) minimizes the minimum losses Question 6 James has calculated the possible profits from three different scenarios for the expansion of his recreation park, each for a different amount of advertising and promotion. He has chosen to implement the scenario that offers the greatest profit. James has decided to ________. A) maximax B) maximin C) minimax D) minimin Question 7 Which of the following best describes the psychological orientation of an individual making a maximax choice? A) optimist B) cynic C) pessimist D) defeatist Title: Nonprogrammed decision making relies on procedures, rules, and policies. (True or false?) Post by: Leyenlily on Mar 2, 2018 Content hidden
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