High Tech Corp decides to develop a product based on a completely new technology, with no existing information on the possible challenges and outcomes of bringing such a product to market. This decision illustrates
A)satisficing ambiguity.
B)systematic error.
C)confirmation bias.
D)uncertainty.
E)blocking.

Question

Quizplus · Accepted Answer

The decision to develop a product based on a completely new technology with no existing information on challenges and outcomes illustrates uncertainty, as the company cannot predict the results or potential issues due to the lack of prior data or experience.

High Tech Corp Decides to Develop a Product Based on a Completely