Which of the Following Strategies Is Used to Deal with Uncertainty

question 100

Multiple Choice

Which of the following strategies is used to deal with uncertainty related to a specific event?

• A)Statistical analysis
• B)Cost restructuring
• C)Hedging
• D)Insurance

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Definitions:

Creative Thinking

The ability to consider something in a new way, involving the generation of new ideas or concepts, or new associations between existing ideas or concepts.

Absent Themselves

The action of not being present where one is expected to be, such as an employee not attending work.

Evaluative Capabilities

The skills or methods used to assess the quality, importance, or value of something.

Highly Cohesive

Describes a group or team characterized by strong bonds and a high level of commitment among members, leading to better collaboration.