A manager wants to invest in one of three start-up companies.All three of the companies seem to have a good business plan.None of the companies has a track record.The manager is operating under which condition?
A)uncertainty
B)certainty
C)low certainty
D)risk

Question

Quizplus · Accepted Answer

The manager is operating under uncertainty because there is no track record for any of the start-up companies, and therefore there is a lack of information and predictability about how they will perform in the future.

A Manager Wants to Invest in One of Three Start-Up