Asked by
Peyton Thompson
on Oct 24, 2024
Verified
Crisis environments exist when decision makers lack complete certainty regarding the outcomes of various courses of action, but they are aware of the probabilities associated with their occurrence.
Crisis Environments
Situations or settings characterized by instability, danger, or uncertainty, requiring urgent attention and action.
Probabilities
The measure of the likelihood that an event will occur, usually expressed as a number between 0 and 1.
- Gain an understanding of the situational contexts or environments within which choices are determined in organizations, covering aspects of certainty, risk, and uncertainty.
Verified Answer
MM
Learning Objectives
- Gain an understanding of the situational contexts or environments within which choices are determined in organizations, covering aspects of certainty, risk, and uncertainty.
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