Problem-solving decisions in organizations are typically made under three different conditions or environments. These are __________.
A) confidence, chance, and doubt
B) certainty, risk, and uncertainty
C) conviction, hazard, and concern
D) certainty, jeopardy, and skepticism
E) confidence, hazard, and doubt

Question

Quizplus · Accepted Answer

The three different conditions or environments for problem-solving decisions in organizations are certainty, risk, and uncertainty. Certainty is when the outcome of a decision is known before it is made. Risk is when the outcome is not known but can be estimated based on available information. Uncertainty is when the outcome is unknown and cannot be estimated with available information.

Problem-Solving Decisions in Organizations Are Typically Made Under Three Different