Asked by Sophony Henri on Jun 10, 2024
Verified
When managers are unable to even assign probabilities to the outcomes attached to various problem-solving alternatives, ___.
A) a state of crisis exists
B) uncertainty exists
C) managers cannot rely on creativity
D) no solutions are possible
E) the planning system must rely on managers' intuition
Problem-Solving Alternatives
Different options or strategies considered when seeking to resolve an issue or challenge.
Uncertainty
A state where the outcome of an event is unknown or unpredictable, often leading to ambiguity or lack of clarity.
- Understand the effects of uncertainty and risk on decision-making procedures.
Verified Answer
US
Upinder Singh SaraoJun 17, 2024
Final Answer :
B
Explanation :
When managers are unable to assign probabilities, it means that there is uncertainty surrounding the outcomes of the problem-solving alternatives. This can create a difficult decision-making process, but it does not necessarily mean that a state of crisis exists or that no solutions are possible. Managers may turn to creativity or intuition as methods for making decisions in the face of uncertainty.
Learning Objectives
- Understand the effects of uncertainty and risk on decision-making procedures.
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