Asked by Dameckia Bolin on Sep 26, 2024
People perceive three types of environmental uncertainty: response, ____, and ____.
A) subjective; objective
B) state; effect
C) optimistic; pessimistic
D) macro; micro
E) primary; secondary
Environmental Uncertainty
A condition where there is a lack of information about the environmental factors that can affect an organization's operations.
State Uncertainty
The condition in which there is lack of certainty or predictability concerning the future or the current state of something, often affecting decision-making processes.
Subjective Uncertainty
The perception of doubt or inability to predict outcomes due to lacking information or inherent unpredictability in situations.
- Acknowledge the different categories of uncertainties in the decision-making process and their influences.
Learning Objectives
- Acknowledge the different categories of uncertainties in the decision-making process and their influences.
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