101 Under Normal Conditions (70% Probability), Plan a Will Produce

question 54

Multiple Choice

101. Under normal conditions (70% probability) , Plan A will produce a $20,000 higher return than Plan B. Under tight money conditions (30% probability) , Plan A will produce $100,000 less than Plan B. What is the expected value of return?

• A) $28,000
• B) ($16,000)
• C) $58,000
• D) ($2,000)

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Definitions:

Unethical Organizational Cultures

Refers to organizational environments that foster unethical practices and behaviors by prioritizing success over ethical standards.

Unity

The state or quality of being united or joined as a whole, especially in a purpose, goal, or effort.

Organizational Culture

The shared values, beliefs, norms, and practices that shape the social and psychological environment of a business organization.

Friendly Behavior

Actions that are kind, pleasant, and supportive towards others.