In the context of managerial decision making, when one can estimate the likelihood of various consequences but still does not know with certainty what will happen, he or she is facing
A. irresolution.
B. maximization.
C. risk.
D. optimization.
E. framing effects.
Ans: C. risk.
Business
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Some bank loans require the firm to maintain some amount of money on a balance at the bank which is known as:
A) compensating balance B) transactions motive C) simple interest balance D) precautionary motive
Business
All personal communication channels are controlled directly by the company
Indicate whether the statement is true or false
Business