Scenario Thinking

question 8

Multiple Choice

Scenario thinking:

• A)is harder to handle than statistical decision aids
• B)leads to good predictions and judgments
• C)increases the perceived likelihood of an event
• D)increases manager productivity
• E)All of the above are correct.

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Definitions:

Maslow's Hierarchy

A psychological theory proposing that human needs are arranged in a hierarchy, with basic needs like safety and physiological needs at the bottom, and self-actualization at the top.

Shelter

A place giving temporary protection from bad weather or danger.

Achievement

Success or attainment reached through effort, skill, or courage.

PhD

A Doctor of Philosophy degree, a postgraduate academic degree awarded by universities.