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wel
3 years ago
11

Scenario: Elly owns a small coffee shop. She has only one employee. One weekend, she decides to take a break from work. She is w

ondering whether she should trust her employee to run the shop in her absence. If she does not trust him, she would have to keep the shop closed, in which case neither she nor her employee will be able to make money. In contrast, if she trusts him, he can either cooperate and run the shop or he can defect and steal from the shop. If he cooperates, both of them will earn money. If he steals from the shop, he will make more money while she will lose.Refer to the scenario above. Elly should use to make her decision. A. backward induction B. mixed strategies C. her dominant strategy D. forward induction
Business
1 answer:
malfutka [58]3 years ago
4 0

Answer: Option A

         

Explanation:  In simple words, backward induction refers to the process under which an individual starts analyzing a performance from the end results and go backward to the steps to determine where actually the actions went wrong.

This technique is generally used for analyzing complex subjects which requires high technology or knowledge. It helps the individuals to determine what actions should be rectified in future so that same problems would not occur again.

In the given case, Elly is willing to analyze the whole subject by starting right from the results. Hence we can conclude that she is using backward induction.

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3 years ago
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prompt in this first journal assignment, you will think about your work as the scrum master and how you might lead your team for
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The main responsibility of the Scrum Master is to organize the development team  and follow the  agreed project priorities. In other words, the Scrum Master exists to  keep the team on track.

<h3>What is Scrum Master?</h3>
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4 0
2 years ago
Will Smith, the actor, appears on the Late Show With David Letterman to promote his newest action-adventure movie. This is not a
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The correct answer is True.

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Taking advantage of his fame due to known and successful movies, he unveils a new film that will probably have the same connotations as the previous ones. People create an image of Will Smith of his past, and consider it very likely that the new production meets their expectations.

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3 years ago
With seven other homeowners, Marty was invited to a(n) _____ where the researcher asked the group general questions about how th
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The answer is:

focus group

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a focus group is a small group of a population, made up of the different categories of the members of the larger population (demographic diversity, whose reactions on particular research are studied using a guided or open discussions, to reflect reliably the reactions that can be expected from the larger population. Use of focus groups is for data collection. In this example, the intended research is on "how homeowners do yard work" and " their views on hiring lawn care services". The group to be focused on (focus group) is the homeowners, so anyone who does not own is home is not part of this group and in order for this group to accurately reflect all the homeowners population, it should include men and women, with different types of homes.

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Answer:

The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.

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3 years ago
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