In the Context of the Features of a Decision Support

question 2

Multiple Choice

In the context of the features of a decision support system (DSS) , _____ analysis enables you to apply different variables in decision making.

• A)what-if
• B)data
• C)sensitivity
• D)exception reporting

Understand the principle of aligning decision-making with information availability.

Identify strategies to mitigate agency costs.

Understand the principle of decentralizing decision-making based on information distribution.

Grasp the concept of monitoring and its importance for the principal in evaluating and incentivizing agent performance.

---

Definitions:

Zero-Tolerance Policy

A policy that enforces strict punishment for infractions of a stated rule, with the intention of eliminating undesirable behaviors.

Ethical Intensity

The degree of importance or impact that an ethical issue has, based on its potential outcomes and the number of people affected.

Social Security Benefits

Government provided financial benefits given to individuals due to retirement, disability, or death, for the purpose of income support.

Procedural Justice

The fairness of the processes that resolve disputes and allocate resources.