_____ Is a Piecemeal Response to Circumstances as They Develop

question 53

Multiple Choice

_____ is a piecemeal response to circumstances as they develop.

• A) Planned change
• B) Programmed change
• C) Premeditated change
• D) Natural change
• E) Reactive change

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Definitions:

Dominant Strategy

In game theory, a strategy that is best for a player regardless of the strategies chosen by the other players.

Payoff

The return or profit from an investment or action.

Alternative Option

A different choice or course of action that is available to individuals or organizations.

Zero-Sum Game

In game theory, a scenario where the gain or loss of one player is precisely offset by the losses or gains of the other players.