Decision- Making Conditions (Scenario)

question 25

Multiple Choice

Decision- Making Conditions (Scenario)
Sabah is the manager for CaterersRUs, a medium- sized catering company. She is responsible for initiating new client contacts, and staffing both existing and new assignments. She is currently struggling with existing information about the profitability of existing and future clients.
-Rasheed, Sabah's best assistant, tells her that he believes he can estimate that there is a 75 percent probability that they can get the business of Salam Brothers, Inc., if they initiate a new service outside the city. Rasheed is operating under a condition of ____________ .

• A) certainty
• B) maximax
• C) risk
• D) uncertainty

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Definitions:

Possession

Possession signifies the control or occupancy of property without regard to ownership.

Fatal Wounds

Injuries severe enough to lead to death.

Ownership

The legal right or title to possess property, including the rights to use, sell, or transfer it.

Exculpatory Clause

A contract term designed to release one of the parties from liability for harm or wrongdoing, transferring the risk to another party.