3 Conditions of Decision-Making & How To Make Decisions in Each

conditions of decision making

Conditions of Decision Making There are three main conditions of decision-making in management. They are certainty, uncertainty, and risk conditions. Let’s understand each of them. Risk Condition In the decision-making world, the “Risk Condition” is like walking on a tightrope – you’re not sure where it leads. This situation hits when managers don’t have all … Read more