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Physics
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20 questions
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1.
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1 min • 1 pt
The existence of a problem implies the need for a
decision maker to make at least one decision, and typically a series of
decisions, to resolve a problem. In the first step, the decision maker sets
the objectives for the decision.
2.
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1 min • 1 pt
This is the point of ultimate decision making, although
decisions must also be made in the other steps of planning—in
selecting goals, in choosing critical premises, and even in
selecting alternatives.
3.
FILL IN THE BLANK QUESTION
1 min • 1 pt
In a situation involving certainty, people are reasonably sure about
what will happen when they make a decision. The information is
reliable and is considered to be reliable, and the cause and effect
relationships are known.
4.
FILL IN THE BLANK QUESTION
1 min • 1 pt
In a situation with risks, factual information may exist, but it may be
incomplete. To improve decision making, one may estimate the
objective probability of an outcome by using, for example,
mathematical models. On the other hand, subjective probability,
based on judgment and experience, may be used.
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This is another tool in decision making used for
estimating the profitability of an investment, calculating the payback
period, and analyzing cash inflows and outflows. Investment
alternatives can be evaluated using a discounted peso analysis of cash
inflows and outflows.
6.
FILL IN THE BLANK QUESTION
1 min • 1 pt
It is an accounting tool used for the interpretation of
accounting information. The basic financial ratios compare costs and
revenue for a particular period. These ratios bring out a relationship
between two financial aspects.
7.
FILL IN THE BLANK QUESTION
1 min • 1 pt
This method used
mathematical techniques for balancing waiting lines and services
provided.
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