Eric needed a new refrigerator. Before making a purchase, he did his research and found out what the pricing was at three different stores for the fridge he wanted to buy. Eric is operating under what type of decision-making condition?

A) risk
B) uncertainty
C) certainty
D) timely
E) nonprogrammed

Question

Mohammad Almarri · Accepted Answer

Final Answer : C, Explanation :  Eric is operating under a condition of certainty because he has gathered all necessary information (pricing from three different stores) about the fridge he wants to buy, indicating he has full knowledge of the situation.

Eric needed a new refrigerator. Before making a purchase, he did his research and found out what the pricing was at three different stores for the fridge he wanted to buy. Eric is operating under what type of decision-making condition?

A) risk
B) uncertainty
C) certainty
D) timely
E) nonprogrammed

Definitions

Learning Objectives

Learning Objectives

Related questions

Eric needed a new refrigerator. Before making a purchase, he did his research and found out what the pricing was at three different stores for the fridge he wanted to buy. Eric is operating under what type of decision-making condition?A) riskB) uncertaintyC) certaintyD) timelyE) nonprogrammed

Definitions

Learning Objectives

Learning Objectives

Related questions

Eric needed a new refrigerator. Before making a purchase, he did his research and found out what the pricing was at three different stores for the fridge he wanted to buy. Eric is operating under what type of decision-making condition?

A) risk
B) uncertainty
C) certainty
D) timely
E) nonprogrammed