A Manager Who Chooses Among Options by Applying the Expected

question 25

Multiple Choice

A manager who chooses among options by applying the expected value criterion is:

• A) risk neutral.
• B) risk averse.
• C) risk loving.
• D) willing to insure or hedge his bets.
• E) a risk minimizer.

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Definitions:

Anticipated Results

Expected outcomes or effects that are predicted based on specific actions, interventions, or programs.

Achievable Goals

Objectives that are realistic and can be attained within a given timeframe and context.

Specified Period

A defined or fixed length of time for which something is intended, conducted, or allocated.

SMART Goal

A framework for setting goals that are Specific, Measurable, Achievable, Relevant, and Time-bound, enhancing the likelihood of success.