Which of the following approaches for dealing with uncertainty involves choosing the alternative with the least variation among possible outcomes?
A) The satisficing approach
B) The risk-averting approach
C) The brainwriting approach
D) The maximin approach
E) The synectics approach

Question

Quizplus · Accepted Answer

The risk-averting approach involves choosing options that minimize potential downsides or have the least variation among outcomes, reflecting a preference for certainty and stability over potentially higher but riskier returns.

Which of the Following Approaches for Dealing with Uncertainty Involves