Company method of making decisions
Question: Suppose your company's method of making decisions under risk is "making the best out of the worst possible outcome." What rule would you be forced to follow? Give an example and explain.
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Explain how these principals connect to Einstein's theory of relativity or in modern applications in physics.
In my hypothetical scenario, I am the owner of a small to mid-sized business. I am currently developing a marketing plan for the upcoming year.
Suppose your company's method of making decisions under risk is "making the best out of the worst possible outcome."
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Gandonplchas been approached by a customer with a special order for 100,000 units of product X at a price of £250 per unit. The information is available:
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