When the manager knows what the alternatives are and the probabilities associated with each alternative are guaranteed,the manager is experiencing
A) decision making under risk.
B) satisficing.
C) bounded rationality.
D) decision making under certainty.
E) decision making under uncertainty.

Question

Quizplus · Accepted Answer

When the manager knows what the alternatives are and the probabilities associated with each alternative are guaranteed, the manager is experiencing decision making under certainty. In this situation, the outcome of each alternative is known with certainty, making the decision-making process straightforward.

When the Manager Knows What the Alternatives Are and the Probabilities