When decision making is under a condition of uncertainty:
A) the alternatives are not known.
B) no ambiguity is involved.
C) errors are least likely to occur.
D) the consequences of solutions are known.
E) the decision situation is simple.

Question

Quizplus · Accepted Answer

Most of the major decision making in contemporary organizations is done under a state of uncertainty, where the decision maker does not know all the alternatives, the risks associated with each, or the likely consequences of each alternative.

When Decision Making Is Under a Condition of Uncertainty