China instituted a one-child policy in 1979 because the government recognized that the population in the country is rapidly growing. The One Child Policy is their only solution to decrease the population growth in order to avoid getting stuck in more social and economical problems in the future brought by overpopulation.
Answer:
True
Explanation:
<u>Decision making under certainty: </u>
It is the decision, maker known with reasonable certainty what the alternative and outcomes of each alternative, and outcomes of each alternative. Under the condition of certainty, accurate, measurable, and reliable information on that to base the decision is available.
<u>Decision making under risk: </u>
When a manager lacks perfect information or wherever an information asymmetry exists, the risk arises, Under a state of risk decision-maker has incomplete information about available alternatives but has a good idea of the probable outcomes of each alternative.
Mike using Rational choice theory perspective
<u>Explanation:</u>
Rational choice theory explains social happenings as consequences of personal choices that can in some way be explained as rational. The fundamental assumption of this theory is that aggregate social practice proceeds from the performance of unique characters, who is executing their personal choices. Selections are “rational” if people face any regularity standard as outlined by a decision theory and are fit to perform precise intentions, given the restrictions of the condition.
Here personal choice of men choosing nursing career is considered and explained that good pay and some more reasons as a consequence in the theoretical perspective of Rational choice theory.
