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golfgirl22
May 7, 2012, 04:42 PM
In business there is a distinction between the wrong decision and the wrong outcome. What does this mean, and under what circumstances does this occur? Your explanation should include a description on how market type creates this problem.. (game theory? )

pready
May 7, 2012, 04:44 PM
You need to think of why there would be a wrong decision and or wrong outcome. Like receiving faulty information, or not enough information.