In decision making, the condition in which the decision maker must choose a course of action, without complete knowledge of the consequences that will follow implementation of the decision is called:
A) crisis.
B) risk.
C) uncertainty.
D) opportunity.
Correct Answer:
Verified
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Q8: Decision making is important at which levels?
A)
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Q10: Decisions used for routine situations, where pre-determined
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Q13: Which of the major classifications or models,
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Q15: Bounded rationality suggests:
A) rational decision making is
Q16: A manager using the satisficing model of
Q17: The model of decision making that is
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