When a Manager Needs to Make Decisions in Rapid, Continuous

question 10

Multiple Choice

When a manager needs to make decisions in rapid, continuous, real-time circumstances, the most effective decision-making tool is usually _______________.

• A) decision matrix
• B) OODA loop
• C) factor analysis
• D) maximizing

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Definitions:

Political Policy

A plan or course of action, as of a government, political party, or business, intended to influence and determine decisions, actions, and other matters.

Probability

A measure of the likelihood that an event will occur, expressed as a number between 0 (impossibility) and 1 (certainty).

Sample Space

The complete set of all possible outcomes of a random experiment or event.

Driver's Exam

A test designed to evaluate an individual's knowledge and skills in driving to determine their eligibility for a driver's license.