When Managers Know the Possible Outcomes of a Decision and Can

question 5

Multiple Choice

When managers know the possible outcomes of a decision and can assign probabilities to each of these outcomes in terms of their likelihood of occurrence in the future,this is known as:

• A)Uncertainty
• B)Certainty
• C)Risk
• D)Bounded rationality
• E)Dialectical inquiry

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Definitions:

Lewis Structure

A schematic that outlines the atomic connections within a molecule and highlights any existing unbonded electron pairs.

Ethyne

A hydrocarbon with the chemical formula C2H2, characterized by a triple bond between two carbon atoms, making it the simplest alkyne.

Acetylene

A colorless, flammable gas, C2H2, used as a fuel and a building block for organic synthesis, known for its high flame temperature when burned in oxygen.

Covalently Bonded

Atoms connected by bonds formed when they share one or more pairs of electrons.