Asked by SaLim Awada on Sep 26, 2024

____ are typically stated in "if-then" terms.

A) Contingent decisions
B) Conditions of risk
C) Decision rules
D) Nonprogrammed decisions
E) Situational decisions

Contingent Decisions

Decisions made based on the specific conditions or circumstances prevailing at the time, rather than following a strict policy or guideline.

Decision Rules

Guidelines or criteria used to choose among alternatives in the decision-making process.

Conditions of Risk

Circumstances or factors that increase the probability of loss or danger in a given situation or environment.

  • Note the importance of decision rules in simplifying decision-making processes.