Three general strategies for coping with uncertainty include:
A)visibility, discretion, prevention
B)visibility, immediacy, pervasiveness
C)prevention, forecasting, absorption
D)discretion, immediacy, prevention
E)none of the above

Question

Quizplus · Accepted Answer

Strategy 1: Prevention- involves taking proactive measures to avoid risky situations, identifying potential hazards, and reducing exposure to risk. This strategy aims to decrease the likelihood of uncertainty by addressing the root cause of the problem.
Strategy 2: Forecasting- involves predicting potential outcomes and consequences of a particular situation or decision. This strategy aims to increase the understanding of the potential risks and opportunities involved, and make more informed decisions based on that understanding.
Strategy 3: Absorption- involves accepting the uncertainty and preparing to deal with the consequences should they arise. This strategy aims to minimize the negative impact that uncertainty can have by preparing for it in advance.

Three General Strategies for Coping with Uncertainty Include