Opportunity loss refers to

M

Mr. Dubey

🎓 Coach ⭐ 103.11K Points

📊 Principles of Management

Q. Opportunity loss refers to

(A) The expected value of a bad decision
(B) The expected loss from a bad decision
(C) The difference between actual pay off and the optimal pay off
(D) The regret from not having made a decision

💬 Discuss

✅ Correct Answer: (C) The difference between actual pay off and the optimal pay off

You must be Logged in to update hint/solution

💬 Discussion

📊 Question Analytics

👁️

906

Total Visits

📽️

3 y ago

Published

🎖️

Mr. Dubey

Publisher

📈

82%

Success Rate