Which term refers to the expected revenue associated with each outcome and decision combination?

The term that refers to the expected revenue associated with each outcome and decision combination is profit consequence. This concept emphasizes the idea of linking specific outcomes stemming from particular decisions to the financial implications they carry. The profit consequence allows decision-makers to evaluate the potential financial benefits or yields that can arise from various strategic choices within a business context.

By analyzing the profit consequences, businesses can prioritize decisions that maximize expected revenue while understanding the associated risks tied to different outcomes. This term specifically captures the forward-looking aspect of decision-making, as it incorporates expectations about future performance based on actions taken today.

In contrast, profit outcome tends to focus more broadly on various measures of financial success rather than the specific relationship between decisions and their expected revenues. Cost typically refers to expenses incurred, and loss denotes negative financial outcomes, neither of which capture the essence of evaluating expected revenues in the context of decisions made. Therefore, profit consequence is the most accurate term for describing the financial expectations tied to specific decision-making scenarios.