Which type of environments exists when managers have so little information that they cannot even assign probabilities to various alternatives and their possible outcomes?

A) Uncertain
B) Risk
C) Unpredictable
D) Jeopardy
E) Hazard

Assign probabilities

The process of attributing a numerical likelihood to the occurrence of specific events, often used in decision-making to evaluate risks and possibilities.

Risk environments

Contexts or situations where there is the presence of significant uncertainty and potential for loss or harm.

Uncertain

The state of being unsure or having doubts, often leading to indecision.