A Manager Wants to Invest in One of Three Start-Up

question 81

Multiple Choice

A manager wants to invest in one of three start-up companies.All three of the companies seem to have a good business plan.None of the companies has a track record.The manager is operating under which condition?

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

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Definitions:

Legitimacy

The general belief that a rule, institution, or leader has the right to govern or exercise authority.

Extraordinary Personal Traits

Unique and remarkable characteristics or qualities that set an individual apart from others.

Moral Consent

The agreement or approval given by an individual based on ethical or moral grounds, often related to personal or societal values.

Wealth

An abundance of valuable resources or material possessions, or the control of such assets.