An element of uncertainty exists in all __________
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An element of uncertainty exists in all eigenstates
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An element of uncertainty exists in all investment ideas.
Explanation:
- Uncertainty is a situation which is unknown in which neither its probability distribution nor its mode of occurrence is known.
- It could be the uncertain behavior of the market forces or the changing business environment.
- It is the responsibility of the entrepreneur to meet the risks that are non-insurable and which are uncertain.
- It is a condition that arises when actual conditions differ from anticipated conditions due to emergence of complexity of the modern business world and social and political influence on the domestic market.
To know more about Uncertainty
What is uncertainty?
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