Busıness Decısıon Models Deneme Sınavı Sorusu #1405865

In which decision making environment, the decision maker has information about the probability of occurrence of each event?


Decision making under certainty

Decision making under uncertainty

Decision making under risk

Decision making under stress

Decision making under pressure


Yanıt Açıklaması:

In decision making under risk, decision makers have information about the probability of occurrence of each events. The probability value can be known precisely or predicted. These possibilities can be obtained from the personal opinions of the decision-maker, from the statistical records held in the enterprise, from expert opinions, from market research.

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