In which decision environment does a manager deal with probabilities regarding possible courses of action and their consequences?
(a) Risk
(b) Certainty
(c) Uncertainty
(d) Optimal
Answer: A
In which decision environment does a manager deal with probabilities regarding possible courses of action and their consequences?
(a) Risk
(b) Certainty
(c) Uncertainty
(d) Optimal
Answer: A
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