Asked by Antonia Divinity on Jun 04, 2024
Verified
Nikolai and his team have been asked to make a decision on implementing a new technology that might help to decrease the production time at their firm. They do not have any factual information about the performance of the new technology, and it is difficult to predict the outcome of their decision. They are forced to rely heavily on their intuition to make the decision. This represents a(n) ___ environment.
A) anticipated
B) secure
C) certain
D) precise
E) uncertain
Factual Information
Data and details that are true and can be verified, not based on feelings or opinions.
Uncertain Environment
A condition in which there is a lack of predictability or stability in the external or internal environment, affecting organizational strategies and decisions.
Intuition
The ability to understand or know something immediately, without the need for conscious reasoning or analysis.
- Acknowledge the role of doubt and risk in shaping decision-making processes.
Verified Answer
Learning Objectives
- Acknowledge the role of doubt and risk in shaping decision-making processes.
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