- This class is all about ethics. We have all encountered unethical situations in our personal and professional lives. However, unethical situations are not the same as unprofessional ones. Using your own words, what is the difference between being unethical and being unprofessional?
Manager John has to make decision in the following situation. …
Manager John has to make decision in the following situation. Three decision alternatives are A, B, and C. Probabilities of unfavorable, so-so, and favorable economy are 0.2, 0.45, and 0.35 respectively. The payoff table is as below: Investment alternatives Economy Development un-favorable so-so favorable Prob=0.2 Prob=0.45 Prob=0.35 A -100 800