What Is the EMV for Option 1 in the Following

question 39

Multiple Choice

What is the EMV for Option 1 in the following decision table?
$$~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~{ \text { States of Nature } } \\\begin{array} { | l | c | c | } \hline \text { Alternatives } & \mathrm { S } _ { 1 } & \mathrm {~S} _ { 2 } \\\hline \mathrm { p } & .6 & .4 \\\hline \text { Option 1 } & 200 & 300 \\\hline \text { Option } 2 & 50 & 350 \\\hline\end{array}$$

• A) 200
• B) 240
• C) 250
• D) 260
• E) 300

Understand the relationship between job titles and management levels in an organization.

Identify the factors contributing to quality of work life (QWL) and the impact of organizational roles on it.

Recognize the significance of organizational structuring and its impact on performance and accountability.

Understand the importance of aligning manager roles and functions to achieve organizational efficiency and effectiveness.

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Definitions:

Environmental Degradation

The deterioration of the environment through depletion of resources, destruction of ecosystems, and extinction of wildlife.

Agricultural Runoff

Water from rain or irrigation that carries fertilizers, pesticides, and other substances from agricultural fields into nearby water bodies, potentially causing pollution.

Oxygen Depletion

A condition where oxygen levels in an environment, especially aquatic systems, significantly decrease due to factors like overpopulation of organisms or excess nutrients.

Ecological Footprint

A measure that quantifies the demand placed on Earth's natural resources by individuals or groups, indicating the extent of their impact on the environment.