Business
Business The investment is spending money with expectations on return. Typically, the decisions with higher return expectations require certain risk, the options with moderate risk rate are characterized with medium risk, and the low-return decisions are the most reliable. Therefore, the investment decision is based on the investor’s expectation about the return, probabilities of success for different options, and willingness to take the risk (Dwivedi, 2010). Hence, a manager has to be aware of all the options and make the decision basing on reliable scientific tools. These tools are the decision tree and payoff analysis. The decision analysis ...
