Q.No:19
In decision making problems
there is only one
and a number of
alternatives.
A) Policy maker
B) Policy
C) state of nature
D) Pay off
Answers
Answered by
0
Answer:
policy maker a.. mark brain list
Answered by
1
Answer:
The correct answer is Option B and D
Explanation:
- Deliverable models that support rational thought and action in the decision-making process can help with decision-making, which is a crucial skill.
- To achieve the goals, a variety of innovative policy or management options are developed. Alternatives should offer real options and choices to decision-makers and should reflect significantly different approaches to the problem or priorities across objectives.
- Without good alternatives, good solutions cannot be achieved. However, we frequently adopt a single solution without really considering other interesting and original options. The duty of providing "recommendations" to decision-makers is taken on by technical teams.
- However, these suggestions frequently include value judgments that are best left to the discretion of the decision maker. Typically, decision-makers require accurate information about a small, carefully considered set of alternatives, including information on the consequences of each alternative, significant differences between them (trade-offs), and the reactions of key stakeholders to these trade-offs.
Reference Link
- https://brainly.in/question/32887953
- https://brainly.in/question/25464684
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