What can a manager use a model to do?
A)Calculate risk
B)Change variables
C)Understand uncertainty
D)All of these

Question

Quizplus · Accepted Answer

A model can be used to calculate risk by simulating different scenarios and outcomes. A manager can change variables within the model to see the impact on different outcomes. The model can also help a manager understand and anticipate uncertainty in the decision-making process. Therefore, all of these options are possible uses of a model for a manager.

What Can a Manager Use a Model to Do