Examples of a risk averting approach

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Reference no: EM133218075

Assignment:

1. Give an example of a risk averting approach.

2. Give an example of using the pessimistic approach.

3. Give an example of using the optimistic approach.

4. What is the difference between combination decision and group decision? When would you use group decision making?

5. What factors affect organizational communication? Be specific. State which improves and which inhibit communication.

6. Describe the Factor Method used for determining menu prices. How is it different from the actual and prime cost methods?

7. What is the difference between a structured interview and an unstructured interview? When would you use each one?

Reference no: EM133218075

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