Business Studies, asked by lakshaymiglani4, 1 year ago

explain uncertainty of return as a feature of business

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Answered by Anonymous
7

Hello!!

uncertainty. 1. Decision making: Situation where the current state of knowledge is such that (1) the order or nature of things is unknown, (2) the consequences, extent, or magnitude of circumstances, conditions, or events is unpredictable, and (3) credible probabilities to possible outcomes cannot be assigned.

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