Managerial decisions commonly include an element of risk.

Name: Managerial decisions commonly include an element of risk.
Brand: Quizplus
Rating: 4.9 (43 reviews)

Question

Quizplus · Accepted Answer

Managerial decisions often involve the evaluation of potential risks and uncertainties, and the selection of strategies that aim to mitigate or manage these risks. While risk cannot be eliminated entirely, effective risk management is an important aspect of successful decision making in many industries and sectors.

Managerial Decisions Commonly Include an Element of Risk