________ is a situation in which a manager can make accurate decisions because the outcome of every alternative is known.
A)Certainty
B)Risk
C)Uncertainty
D)Maximax
E)Maximin

Question

Quizplus · Accepted Answer

Certainty is the only situation in which the outcome of every alternative is known, allowing the manager to make accurate decisions with complete knowledge of the results. In situations of risk, uncertainty, maximax or maximin, there is always some level of unknown or chance involved, which can make decision-making more difficult.

________ Is a Situation in Which a Manager Can Make