What is the subjective approach to probability?
The degree to which one happens to believe that an event will or will not happen.
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Offshoring is defined as:
A. a practice of having another company provide services. B. moving operations from the country where a company is headquartered to a country where pay rates are lower but the necessary skills are available. C. a method of staffing other than the traditional hiring of full-time employees. D. a complete review of the organization's critical work processes to make them more efficient and able to deliver higher quality of products and services. E. the act of acquiring a new company in a distant location or another country in order to acquire higher market share or growth.
Change can be referred to as event or a managerial edict. _____ True or _____ False? Why?
Indicate whether the statement is true or false