Refer to the Following:
the Following Table Shows the Expected

question 28

Multiple Choice

Refer to the following:
The following table shows the expected value and variance for 5 projects a firm can undertake.
$$\begin{array} { c c c } \text { Praiecl } & \text { Expeted Value } & \text { Variance } \\\hline A & \$ 100 & \$ 124 \\B & \$ 220 & \$ 110 \\C & \$ 100 & \$ 138 \\D & \$ 180 & \$ 138 \\E & \$ 200 & \$ 124\end{array}$$
-Which of the following is (are) correct?

• A) Project B dominates all others
• B) Project E dominates all others
• C) Project C is the least preferable
• D) a and c
• E) none of the above

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Definitions:

Empowerment

The process of giving individuals or groups the autonomy, resources, and ability to make decisions and take actions that affect their work or lives positively.

High Satisfaction

A state where expectations or needs are met or surpassed, often leading to contentment and positive feedback.

Contextual Factors

Elements in the environment that influence the success or failure of a process or organization, including cultural, social, and physical variables.

Job Characteristics Model

A theory that suggests jobs are more satisfying and motivating when they involve tasks that are significant, require a variety of skills, allow autonomy, and provide feedback.