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KengaRu [80]
3 years ago
14

List two ways the decision making matrix model is used to consider risk

Business
1 answer:
Julli [10]3 years ago
8 0

<em>Answer:</em>

1-Likelihood

2- Outcome

<em>Explanation:</em>

<u>1-Likelihood :</u> It is a mechanism for measuring the level of risk in the matrix model. A risk assessment is effective for risk prevention and guidance for decision making.

<u>2- Outcome:</u> It is a tool that assists in decision making based on measurement of results. Through the results it is possible to measure the strengths and weaknesses of a given period and outline strategies to correct the failures.

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The fact that Becky Bongos sales are falling continually even though they keep decreasing the price shows that <em>the underlying problem is not as a result of the customers' dissatisfaction with price</em>. The underlying problem can be any <em>other factors like not paying attention to customers' needs, poor quality of the commodity, lack of proper marketing, and the presence of a superior competition</em>. The solution is not the reduction of price but rather, a closer look should be paid to these other factors.

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What are five foundations of economics?
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3 years ago
You would like to combine a risky stock with a beta of 1.5 with U.S. Treasury bills in such a way that the risk level of the por
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Answer:

33.33%

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5 0
2 years ago
The questions of economics address which of the following? Chec
katen-ka-za [31]

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What

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