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David Nguyen
on Oct 24, 2024

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Problem-solving decisions in organizations are typically made under three different conditions or environments. These are __________.

A) confidence, chance, and doubt
B) certainty, risk, and uncertainty
C) conviction, hazard, and concern
D) certainty, jeopardy, and skepticism
E) confidence, hazard, and doubt

Certainty, risk, and uncertainty

Certainty, risk, and uncertainty are terms used to describe the predictability of outcomes, where certainty is knowing the outcome, risk involves potential loss, and uncertainty indicates unknown future outcomes.

Problem-solving decisions

The process of identifying a problem and determining the most effective course of action to resolve it.

Conviction

A firmly held belief or opinion, demonstrating a strong sense of certainty about something.

  • Acquire knowledge on different scenarios of decision-making, including certainty, risk, and uncertainty, and understand their repercussions.
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Sydney DallyOct 26, 2024
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