A __________ is the decision environment in which complete information is available about possible alternative courses of action and their outcomes
A)Probability environment
B)Uncertain environment
C)Risk environment
D)Certain environment
E)Normal environment

Question

Quizplus · Accepted Answer

In a certain environment, there is complete information available about possible alternative courses of action and their outcomes, allowing decision-makers to make choices with a high degree of confidence. This is in contrast to uncertain, risk, or probability environments where various degrees of ambiguity exist in the decision-making process.

A __________ Is the Decision Environment in Which Complete Information