Decision makers in business organizations make most decisions in environments that involve some degree of ___________________.
A)Risk
B)Utility
C)Certainty
D)Uncertainty

Question

Quizplus · Accepted Answer

Most business environments involve some degree of uncertainty, meaning that decision makers cannot predict the outcomes of their decisions with complete certainty. There are always factors that are outside of their control or difficult to accurately assess, such as market changes, competition, and consumer behavior. Therefore, decision makers must weigh the potential risks and rewards of their choices and make informed decisions based on the available information and their own judgment. While there may be some level of certainty or utility involved in certain decision-making situations, uncertainty is the most pervasive factor in business environments.

Decision Makers in Business Organizations Make Most Decisions in Environments