decision making conditions

3 Conditions of Decision Making: Certainty, Risk, and Uncertainty

Conditions of Decision Making Managers make several decisions during the course of business activities. Sometimes they are sure about the future conditions but sometimes they have difficulty estimating the future conditions. It is important for the manager to know in which condition the decision is to be made. A decision made relating to the situation …

3 Conditions of Decision Making: Certainty, Risk, and Uncertainty Read More »