All of the Following Statements About Uncertain Environments Are Correct

question 19

Multiple Choice

All of the following statements about uncertain environments are correct EXCEPT:

• A) uncertain environments provide little, if any, information to predict expected results for decision-making alternatives.
• B) behavioral responses to uncertain environments seldom involve intuition, educated guesses, or hunches.
• C) uncertain environments require unique, novel, and often totally innovative alternatives to existing patterns of behavior.
• D) an uncertain decision environment may be characterized as a rapidly changing organizational setting in terms of external conditions.
• E) an uncertain decision environment may be characterized as a rapidly changing organizational setting in terms of the personnel who influence problem and choice definitions.

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Definitions:

Clear

To finalize or settle a transaction or an obligation, especially in the context of financial transactions.

Disbursement Float

The time difference between the issuance of a payment and when the funds are actually debited from the payer’s account.

Cheques

A written, dated, and signed instrument that contains an unconditional order directing a bank to pay a definite sum of money to a payee.

Deposit

A sum of money placed or kept in a bank account, often to gain interest.