Nature Gives Company a One of Three Endowments; Then Company

question 2

Multiple Choice

Nature gives company A one of three endowments; then company A picks one of two options.Depending on A's choice,company B picks one of three options with each one having two possible payoffs,decided by nature.How many chance forks does the decision tree depicting this have?

• A) 4.
• B) 9.
• C) 19.
• D) 28.
• E) 36.

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Definitions:

Group Development

The stages and processes through which a group evolves and matures in its functioning and cohesiveness over time.

Mission

A statement or assignment that outlines the purpose or goal of an organization, project, or individual, providing direction and motivation.

Bruce Tuckman

A psychologist known for his theory of group development, which outlines the stages of forming, storming, norming, performing, and adjourning in team dynamics.

Forming Stage

The initial phase of team development where members meet and start to form relationships and understand their tasks.