題目

?Match the type of investor to the attitude to risk:

Risk averse? ? ? ? ? ? ? (i) Minimax regret? ? ? ? ? ? ? ? ? ? ? ? ? (ii) Relevant costing??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (iii) Perfect information? ? ? ? ? ? ? ? (iv) Maximin??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (v) Maximax? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ??(iv) Expected values?

Risk seeker? ? ? ? ? ? ??(i) Minimax regret? ? ? ? ? ? ? ? ? ? ? ? ?(ii) Relevant costing?

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (iii) Perfect information? ? ? ? ? ? ? ? (iv) Maximin?

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (v) Maximax? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (iv) Expected values?

Risk neutral? ? ? ? ? ? ??(i) Minimax regret? ? ? ? ? ? ? ? ? ? ? ? ? (ii) Relevant costing??

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (iii) Perfect information? ? ? ? ? ? ? ? (iv) Maximin?

? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (v) Maximax? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?? ?(iv) Expected values?

掃碼查看暗號，即可獲得解鎖答案！

點擊獲取答案
Chapter7Riskanduncertainty

The correct answers are:?

Attitude to risk? ? ? ? ? ? ? ? ? ? ? ? ? Decision making method adopted?

Risk averse? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Maximin?

Risk seeker? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Maximax?

Risk neutral? ? ? ? ? ? ? ? ? ? ? ? ? ? ? Expected values?

Maximax decisions are taken by risk-seeking decision makers, also known as optimists, as they?aim to maximise the maximum return available.?

Maximin decision are taken by risk-averse decision-makers, also known as pessimists, as they aim?to maximise the minimum return available.

A decision maker who bases these decisions on expected values is concerned with the most likely?outcome and therefore ignores the variability of the returns. This is known as a risk-neutral?approach to decision making.?

多做幾道

Fill in the blanks.?

?Ideally, a transfer price should be set that enables the individual divisions to maximise their profits at a?level of output that maximises ……………………. .?

?The transfer price which achieves this is unlikely to be a ……………….. transfer price or a?……………. transfer price.??

?If optimum decisions are to be taken, transfer prices should reflect …………………. .?

There are two profit centres, A and B. Profit centre A transfers a product to profit centre B, but?could also sell the product in an external market at a price of $30. The marginal cost of making the?product in profit centre A is $8 per unit and the full cost is $14 per unit. There would be a variable?cost of $1 per unit for sales and distribution to customers in the external market, but no such costs?for internal transfers.?

To avoid disputes between the profit centre managers, what should be the transfer price for the?product??

$ _______

What objectives might the following not for profit organisations have??

(a) An army? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? (d) A political party?

(b) A local council? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ? ?(e) A college?

(c) A charity?

One of the objectives of a local government body could be 'to provide adequate street lighting throughout?the area'.?

(a) How could the 'adequacy' of street lighting be measured??

(b) Assume that other objectives are to improve road safety in the area and to reduce crime. How?much does 'adequate' street lighting contribute to each of these aims??

(c) What is an excessive amount of money to pay for adequately lit streets, improved road safety and?reduced crime? How much is too little??

What general objectives of non profit seeking organisations are being described in each of the following??

(a) Maximising what is offered?

(b) Satisfying the wants of staff and volunteers?

(c) Equivalent to profit maximisation?

(d) Matching capacity available?

最新試題

該科目易錯題

該題目相似題