Question

Suppose you received two job offers when looking for a job, one from Company A and...

Suppose you received two job offers when looking for a job, one from Company A and one from Company B. To make a decision, what type of methodology would you use: probabilistic or nonprobabilistic? Whichever you choose, describe the items to consider and the decision rules you would use before deciding which job offer to accept.

Math   Statistics-And-Probability   
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Answer #1

Probabilistic methodology

as the probability of selection is known, and also is not equal to zero.

Items to consider :

  • BENEFITS (not just the salary)
  • WORKING HOURS
  • OFFICE CULTURE
  • THE TEAM
  • PASSION
  • GROWTH OPPORTUNITIES
  • EDUCATIONAL OPPORTUNITIES
  • COMPANY HISTORY AND STABILITY

The decision rules that needs to be taken care of while deciding for the job will be:

-Carefully Verify Before Evaluating - Analyze the offers-pros and cons of each job
-Take Into Account The Total Financial Package also consider the Offer’s Non-Financial Parts -Look at Key Elements That are not the part Of The Offer -Separate Your Needs From Your Wants -Short Term Versus Longer Term- go for the job which positively affects your future

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