When Managers Are Aware of All the Alternatives in a Decision-Making

question 3

Short Answer

When managers are aware of all the alternatives in a decision-making situation and the conditions associated with each alternative, they are said to be making the decision under a state of _____.

---

Definitions:

Information Seeking

The act of looking for or gathering data, facts, or details about a particular topic or question.

Resamples

The process of drawing repeated samples from observed data, often for purposes of statistical inference or estimation.

Distinct

Clearly different or separate from others.

Measurements

The act, process, or system of ascertaining the size, quantity, or degree of something.