Scot,a manager at a hotel decided to launch a new type of cuisine in his restaurant,as the restaurant was incurring losses because of negative feedback on its existing cuisine.Scot had to take a decision immediately to improve the situation and was aware of the possible consequences of his actions.Scot had to take the decision in an)________ environment.
A)uncertain
B)risk
C)certain
D)secure
E)anticipated

Question

Quizplus · Accepted Answer

Scot's decision-making situation involves potential negative consequences, but he has enough information to assess the likelihood of those consequences. Therefore, the situation is one of risk rather than uncertainty or certainty.

Scot,a Manager at a Hotel Decided to Launch a New