Katerina knows the company's current warehouse is not large enough to house all of its inventory. She is assessing whether to open a second warehouse or move to a larger location. Katerina knows the pros and cons of each choice and has all the information she needs to make her decision. The decision that Katerina will make is based on a condition of
A) high risk.
B) certainty.
C) subjective probability.
D) uncertainty.

Question

Quizplus · Accepted Answer

Katerina has all the information she needs to make her decision, indicating that her decision is based on a condition of certainty, as she understands the pros and cons of each option.

Katerina Knows the Company's Current Warehouse Is Not Large Enough