According to the Contingency Framework for Decision Models, the Carnegie

question 37

Multiple Choice

According to the contingency framework for decision models, the Carnegie Model for organizational decision making should be used when:

• A) there is high uncertainty in both problems and solutions and uncertain problems and certain solutions.
• B) managers agree on goals and look for optimal solutions.
• C) decisions are nonprogrammable and can be made by an individual.
• D) all of these--the Carnegie Model should be used in every cell of the framework.

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Definitions:

Portfolio

A collection of financial investments like stocks, bonds, commodities, cash, and cash equivalents, including mutual funds and ETFs.

Covariance

A measure indicating the degree to which two random variables change together.

Variances

Statistical measures of the dispersion of data points in a dataset, indicating how far each data point in the set is from the mean.

Portfolio

A portfolio of investment vehicles, including equities, fixed income, raw materials, money, and money-like assets, along with mutual funds and ETFs.