Understanding Decision Making Process

To avoid considering any potential risks or uncertainties

To select the best course of action from multiple alternatives (correct)

To plan for future events without considering alternatives

To make decisions based solely on past experiences

Decisions under risk

Decisions under uncertainty

Decisions under certainty (correct)

Non-programmed decisions

Decisions made under conditions of complete uncertainty

Decisions that involve high levels of risk and unpredictable outcomes

Decisions that managers face repeatedly and can be handled using standard procedures (correct)

Decisions made without any prior experience or established procedures

<p>Company policies and procedures</p> Signup and view all the answers

<p>Decisions under risk</p> Signup and view all the answers

<p>They are unique situations without well-established procedures</p> Signup and view all the answers