As business owners and managers, we need to continually be aware of all the following, EXCEPT:
A. the financial capacity of our business
B. market value of our business
C. the liability exposure
D. the risks being incurred
E. the skill sets necessary for success.
Ans: B. market value of our business
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You wish to set the due date for the project such that there is a 95 percent chance that the project will be finished by this time. What due date should be set? A) 108.0 B) 160.4 C) 166.5 D) 135.0 E) None of the above
________ are the consequences of the alternatives chosen given the states of nature that eventually occur.in the field of decision analysis
A) States of nature B) Alternatives C) Outcomes D) Payoffs