Decision-Making Conditions: Keep on Truckin' (Scenario)
Fiona Lui is general manager of Westcoast Trucks, a medium-sized hauling service located in Vancouver, B.C. She is responsible for scheduling trucks, initiating new routes, and staffing both existing and new routes. She is currently struggling to find more information about the profitability of existing and future truck routes.
-Fiona can make accurate decisions if she is willing to pay $5,000 for research about the profitability of various truck routes.If she pays for the research,she believes that she will be operating under a condition of ________.
A)certainty
B)risk
C)uncertainty
D)maximax

Question

Quizplus · Accepted Answer

Paying for research provides Fiona with accurate information about the profitability of various truck routes, allowing her to make decisions with a known outcome, which is a condition of certainty.