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​You Can Invest $100,000 into Either Project a or B

question 57

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​You can invest $100,000 into either project A or B.You estimate that A would succeed with a probability of 0.5 in which case it doubles in value.If it fails,its scrap value is $50,000.Project B would succeed with probability 0.8,in which case it would have a value of $150,000.If it fails,project B's scrap value is $30,000.Which project should you invest in?


Definitions:

Self-Management

The ability to understand oneself, exercise initiative, accept responsibility, and learn from experience.

Supervisory Control

A level of management that involves overseeing the performance and activities of employees, ensuring that tasks are completed effectively and efficiently.

Plans

Detailed proposals for doing or achieving something, often outlining goals, strategies, and actions.

Goal Alignment

The process of ensuring that everyone's individual objectives contribute effectively towards the overall objectives and success of the organization.

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