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Distinguish between externalized and internalized controls,giving examples of each.
Payoffs
The outcome or benefit received from a decision or action, often used in the context of games or economic transactions.
Decision Alternative
An available option or course of action that can be taken in a decision-making process.
Expected Monetary Value
A calculation used in decision-making to determine the average outcome when the future includes scenarios that may or may not happen.
EOL Decision
A decision made regarding the end-of-life status of a product, system, or component, often concerning its discontinuation or phased out support.
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