When _____ exists, managers are working blind.
A)risk
B)ambiguous information
C)incomplete information
D)bounded rationality
E)uncertainty

Question

Quizplus · Accepted Answer

When uncertainty exists, the probabilities of alternative outcomes cannot be determined and future outcomes are unknown.Managers are working blind.Because the probability of a given outcome occurring is not known, managers have little information to use making a decision.

When _____ Exists, Managers Are Working Blind