You Are Trying to Decide in Which of the Three

question 132

Multiple Choice

You are trying to decide in which of the three companies you should invest. Refer to the following
Payoff Table.
If the probability of the market declining in the next year is 0.5, which of the following statements
Are correct?
i. The Expected Opportunity Loss for Company A is $20.
ii. The Expected Opportunity Loss for Company B is $75.
iii. The Expected Opportunity Loss for Company C is $440.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) is a correct statement but not (ii) or (iii).
• C) (ii) is a correct statement but not (i) or (iii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Role Clarity

The degree to which an individual understands their responsibilities, expectations, and objectives within a specific role.

Role Ambiguity

Occurs when the expectations and responsibilities of a role are unclear to the individual.

Identifiable Roles

Specific, recognizable functions or positions individuals hold within a group or society, which come with certain expectations and responsibilities.

Collegiality

A principle or practice of cooperation and mutual respect among colleagues, typically within a professional setting, fostering a positive and collaborative work environment.