Can you ever use the material in this chapter to help you make your own real-life decisions?
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Can you ever use the material in this chapter to help you make your own real-life decisions? Consider the following. You are about to take an important and difficult exam in one of your MBA courses, and you see an opportunity to cheat. Obviously, from an ethical point of view, you shouldn’t cheat, but from a purely monetary point of view, could it also be the wrong decision? To model this, consider the long-term monetary consequences of all possible outcomes.
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Should you cheat The key inputs here would be 1 the amount cheating wou...View the full answer
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Related Book For 
Practical Management Science
ISBN: 978-1305250901
5th edition
Authors: Wayne L. Winston, Christian Albright
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