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During the Global Financial Crisis Associated with the 2008 Recession

Question 9

Multiple Choice

During the global financial crisis associated with the 2008 recession, finance companies had to make important decisions in a highly ambiguous environment.The decision to buy out failed banks could best be described as which type of decision?


A) Bounded
B) Programmed
C) Conventional
D) Wicked decision problem
E) Irrational decision

Correct Answer:

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