The condition under which individuals can define a problem, specify the probability of certain events, identify alternative solutions, and state the probability of each solution leading to a result is referred to as
A) certainty.
B) probability.
C) risk.
D) competency.

Question

Quizplus · Accepted Answer

The condition described in the question is that of taking a risk where individuals can estimate the probability of various outcomes and choose among different alternatives based on their potential outcomes. This is not a condition of certainty where outcomes are known with complete assurance, nor of just stating probabilities without identifying alternative solutions. Competency is a more general term and not specifically related to this condition.

The Condition Under Which Individuals Can Define a Problem, Specify