______________ Are Central to an Organization and Provide Directions for Action

question 3

Multiple Choice

______________ are central to an organization and provide directions for action.

• A)Core values
• B)Normative approaches
• C)Ethical issues
• D)Opportunities
• E)Institutions

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Definitions:

Expected Value

The anticipated value or average outcome of a random variable, taking into account all possible outcomes weighted by their probabilities.

Probabilities

A measure expressing the likelihood of occurrence of a given event, typically defined on a scale from 0 to 1, where 0 means the event cannot occur and 1 indicates certainty.

Expected Value

A statistical concept that calculates the weighted average of all possible values for a random variable.

Probabilities

A numerical assessment ranging from 0 to 1 that quantifies how likely an event is to take place.