Business Studies, asked by Rock7504, 11 months ago

Examine the steps in the rational decision making process. How can decisions be taken in uncertainty?

Answers

Answered by 8116479368
0

Reduce the time horizon for decisions. ...

Learn as much as possible about options before choosing. ...

Avoid unneeded risk. ...

Take one risk at a time when feasible. ...

Determine the worst case scenario. ...

Clarify the uncertainty. ...

Know your goals and values.

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