A manager is more confident of his assessment of a situation if it involves risk rather than uncertainty.

Question

Quizplus · Accepted Answer

Risk involves potential outcomes that can be quantified and analyzed based on past data or experience, whereas uncertainty involves unknown outcomes that cannot be accurately predicted or modeled. Therefore, a manager may feel more confident in their assessment of a situation involving risk as they can draw upon available data and analyze potential outcomes.

A Manager Is More Confident of His Assessment of a Situation