The Following Information Was Given Regarding a Proposed Project at Field

question 84

Multiple Choice

The following information was given regarding a proposed project at Field Corp. (FC) .
$\begin{array}{|c|r|}\hline \text { Probability (S) } & \text { Poticutial Profir (S) } \\\hline 40\% & \$ 10,000 \\\hline 25\% & \$ 15,000 \\\hline 50\% & (\$ 20,000) \\\hline 30\%& \$ 5,000 \\\hline\end{array}$
-This project's standard deviation is ___________.

• A) $5,626
• B) $8,254
• C) $7,462
• D) $2,597

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Definitions:

Adaptability

The ability to adjust effectively to new conditions, changes, or to various types of environments.

Formalization

The extent to which an organization uses rules, procedures, and standards to govern its activities and employee behavior.

Incremental Moves

Small, gradual changes or advancements towards a goal, rather than large, dramatic leaps.

Organizational Flexibility

The ability of an organization to adapt to changes, restructure operations, and innovate to meet new challenges.