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The decision environment refers to the context and conditions under which decisions are made, which can significantly influence the outcomes. It can be categorized into three main types: certainty, where outcomes are known; risk, where probabilities of outcomes are known; and uncertainty, where outcomes and probabilities are unknown. Each environment requires different decision-making strategies and approaches, impacting how individuals and organizations assess options and manage potential consequences. Understanding the decision environment is crucial for effective planning and risk management.
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How can a decision maker identify strategic factors in the corporations external international environment?
how can a decision maker indentify strategic factors in the corporation external environment
How can a decision maker identify strategic factors in a corporation external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in a corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
How can a decision maker identify strategic factors in the corporation's external environment?
NbvmjbkjbvHow can a decision-maker identify strategic factors in a corporation’s external international environment?
What are the four types of factors that can influence decision making?
THEY ARE (a) MICRO ENVIRONMENT (b) MACRO ENVIRONMENT (c) MARKET ENVIRONMENT
What is meant by household decision making how can different members of the household be involved with the different stages of the decision process in the purchase of a car?
what is meant by household decision making how can different members of the household be involveld with the different stages of the decision process in the purchase of a car
Which sociologist constructed an experiment utilizing an abandoned car in two different neighborhoods?
Philip Zimbardo, a social psychologist, conducted an experiment involving an abandoned car in two different neighborhoods to study the impact of environment on behavior. This study highlighted how the environment can influence individuals' behavior and decision-making processes.
How can a decision maker identify strategic factors in a corporations external international environment?
4.How can a decision maker identify strategic factors in a corporation's external international environment
What are the components of the environment from the point of view of the decision-maker What do they consist of?
From the decision-maker's perspective, the components of the environment consist of internal factors (such as the organization's resources, goals, and structure) and external factors (including economic conditions, competitors, market trends, and regulatory constraints). These components influence the decision-making process and shape the strategic choices made by the decision-maker. Understanding these components is crucial for assessing risks and opportunities in the environment.
When you examine a scientific value in making an environment decision you what?
When making an environmental decision, you compare the relative worth of two or more scientific values.
Business environment with in an outside the country is different?
Business environment within an outside the country is different?
What the different between wrong decision and bad decision?
a wrong decision is either incorrect, immoral or illegal ,a bad decision, is more foolish or inappropriate for the situation
