Optimistic managers typically select the alternative designed to __________.
A) maximize the maximum payoff
B) maximize the minimum payoff
C) minimize the maximum regret
D) minimize the minimum payoff
E) maximize the minimum regret

Question

Quizplus · Accepted Answer

Optimistic managers tend to focus on the best possible outcomes, so they choose the alternative that maximizes the maximum payoff, aiming for the highest potential gain.

Optimistic Managers Typically Select the Alternative Designed to __________