The conditions under which decisions are made can be classified as __________.
A) certainty and ambiguity
B) uncertainty and creativity
C) certainty and routinization
D) certainty, risk, and uncertainty

Question

Quizplus · Accepted Answer

Decisions are made under three primary conditions: certainty, where outcomes of decisions are known; risk, where the probabilities of outcomes are known; and uncertainty, where probabilities of outcomes are not known.

The Conditions Under Which Decisions Are Made Can Be Classified