If Given the Choice of One of the Four Alternatives

question 52

Multiple Choice

If given the choice of one of the four alternatives listed, which of these will the rational person choose?

• A)90 percent opportunity to gain $100
• B)50 percent opportunity to gain $1,000
• C)40 percent opportunity to gain $2,000
• D)10 percent opportunity to gain $4,000

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Definitions:

Delegation

The assignment of authority and responsibility to another person to carry out specific activities while the person delegating retains the ultimate responsibility for the outcome.

Giving Orders

The act of commanding, directing, or instructing someone to do something.

Responsibility

The state or fact of having a duty to deal with something or of having control over someone.

Express Opinions

The act of verbally or non-verbally conveying one's personal thoughts, beliefs, or preferences.