Probability theory is decision-making tool

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1. Organizational goals should be kept in mind when selecting the most beneficial alternative.

   a. true

   b. false

2. A decision that is routine and repetitive, and typically handled in a specific way, is frequently called a non-programmed decision.

   a. true

   b. false

3. Probability theory is a decision-making tool that is used in conditions of complete uncertainty.

   a. true

   b. false

Reference no: EM131267891

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