When managers know which goals they wish to achieve, but information about alternatives and future events is incomplete, the condition of _____ exists.
A) risk
B) uncertainty
C) ambiguity
D) certainty
E) problematic

Question

Quizplus · Accepted Answer

When information about alternatives and future events is incomplete, managers face uncertainty because they cannot accurately predict the outcomes of their decisions or actions. Risk refers to situations where the probabilities of different outcomes can be estimated, while ambiguity refers to situations where information is so unclear or complex that it is difficult to make sense of it. Certainty refers to situations where all relevant information is available and outcomes can be predicted with 100% accuracy. Problematic is not a relevant term in this context.

When Managers Know Which Goals They Wish to Achieve, but Information