Rajon has employed a utility theory of which a person has
decided and targeted his or her preference in life as it is seen on Rajon’s
actions as he tries to determine the course he would take of which is
beneficial for him in the future which are considered to be his preference in
his life. It is also a way of having people rank choices and which would be of
preference or priorities in their life. It can be illustrated on Rajon’s
actions as he tries to take up choices of which is best and which are his
priorities in relation his field and job after he graduated in his school.
Keynes would most likely oppose a plan for government control of all the manufacturing companies.
Dave has set a STRATEGIC GOAL. A strategic goal is the planned objective that a company or an organization strive to achieve. In the above question, Dave has set goal to cut costs in his companies for the next three years. He will do this by writing a strategic plan which he will use to share his goal and vision with his employees.
