According to the Text, a Manager Who Desires to Minimise

question 24

Multiple Choice

According to the text, a manager who desires to minimise his or her maximim 'regret' will opt for a ________ choice.

• A)maximax
• B)maximin
• C)minimax
• D)minimin
• E)miximix

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Definitions:

Compulsion

A strong, usually irresistible impulse to perform an act, especially one that is irrational or contrary to one's will.

Obsession

A persistent, unwanted, and intrusive thought or urge that causes significant anxiety or distress.

Phobia

An extreme or irrational fear or aversion to a particular object, situation, or activity, significantly impacting an individual's life.

Delusion

A false belief held with strong conviction despite superior evidence to the contrary, often occurring as part of a psychiatric condition.