Using the Table Below, Which Is the Recommended Decision Alternative

question 17

Multiple Choice

Using the Table below, which is the recommended decision alternative using the optimistic approach? ? $$\begin{array}{l}\text { Payoff Table }\\\begin{array} { | c | c | c | } \hline \text { Decision Alternative } & \text { State of Nature 1 } & \text { State of Nature 2 } \\\hline \text { D1 } & 5 & 7 \\\hline \text { D2 } & - 4 & 1 \\\hline \text { D3 } & 1 & - 3 \\\hline \text { D4 } & 10 & 2 \\\hline \text { D5 } & 6 & 4 \\\hline\end{array}\end{array}$$

• A)D1
• B)D4
• C)D2
• D)D5

Understand the role of intrinsic and extrinsic motivation in creativity and innovation.

Identify strategies to increase innovation within an organization.

Recognize the challenges and risks associated with innovation.

Understand the concept of programmed and non-programmed decisions in the context of innovation.

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Definitions:

Baby

A very young child, especially one newly or recently born.

Freudian Theory

A set of psychoanalytic theories developed by Sigmund Freud, emphasizing unconscious motives and conflicts as forces that influence behavior.

Anthropology

The scientific study of humans, human behavior, and societies in the past and present.