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Henry's Firm Has Noticed That Its Employee Benefits Plan Is

Question 14

Multiple Choice

Henry's firm has noticed that its employee benefits plan is quite dysfunctional.There is a high level of consensus among all the stakeholders that the plan needs to be replaced.Using several analysis tools,such as analytical models and break-even analysis,Henry and his team are able to come to a decision on the alternate plan to be employed.In this scenario,which of the following methods of decision making was used?


A) The subjective method
B) The incremental trial-and-error method
C) The uncertainty choice method
D) The rational choice method

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