The Information in the Table Below Describes Choices for a New

question 64

Multiple Choice

The information in the table below describes choices for a new doctor. The outcomes represent different macroeconomic environments, which the individual cannot predict.Table 5.3

-Refer to Table 5.3. Rank the doctor's job choices in order, least risky first.

• A) Work for HMO, open own practice, do research.
• B) Work for HMO, do research, open own practice.
• C) Do research, open own practice, work for HMO.
• D) Do research, work for HMO, open own practice.
• E) Open own practice, work for HMO, do research.

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Definitions:

Basic Aptitude

Refers to a person's innate ability to perform certain tasks, learn new skills, or adapt to new situations.

Technical Skills

The ability to perform specific tasks related to a certain field or profession, involving practical and mechanical knowledge as well as proficiency.

Human Capital

The skills, knowledge, and experience possessed by an individual or population, viewed in terms of their value or cost to an organization or country.

Intangible Resources

Non-physical assets possessed by a firm, such as brand reputation, intellectual property, and organizational culture, which can offer competitive advantage.