SCENARIO 20-1 The Following Payoff Table Shows Profits Associated with a Set

question 116

Multiple Choice

SCENARIO 20-1
The following payoff table shows profits associated with a set of 3 alternatives under 2 possible states of nature.

-Referring to Scenario 20-1,if the probability of S1 is 0.5,then the return to risk ratio for A3 is

• A)0.667
• B)1.5
• C)2
• D)4.333

---

Definitions:

Social Entrepreneurship

Social entrepreneurship involves starting companies or initiatives that aim to solve social problems or address community needs through innovative solutions, prioritizing social impact alongside or above profit.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public.

Hybrid Models

Approaches that combine elements from different methodologies, theories, or systems, often used in business strategies, computational simulations, or vehicle technology to optimize performance.

Social Entrepreneurship

A practice that aims to solve social problems and improve communities through innovative business models and ventures that prioritise social impact over profit.