Which of the following means that even though a manager may have clearly defined targets based on the available information, the future results associated with each alternative are subject to chance
A) Certainty
B) Risk
C) Uncertainty
D) Ambiguity
E) Brainstorming

Question

Quizplus · Accepted Answer

Risk refers to situations where the probabilities of different outcomes are known, allowing managers to make informed decisions despite the chance involved.

Which of the Following Means That Even Though a Manager