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A situation in which a decision maker must choose between strategies that have more than one possible outcome?

when the probability of each outcome is unknown is referred to as :

 a. diversification. 

 b. certainty. 

 c. risk. 

 d. uncertainty. 

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Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/07/29
Mohammed Asim Nehal
by Mohammed Asim Nehal , M Asim Nehal & Co , Chartered Accountants

d. uncertainty.............

Ali Yakub Seesi Rutherfod
by Ali Yakub Seesi Rutherfod , Deputy DIRECTOR of Education , Head of Department of Social Science , St. Jerome Snr High School

Uncertainty........................

Gayasuddin Mohammed
by Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

 d. uncertainty. is the answer I can think of

Sohail Lone
by Sohail Lone , Assistant Manager Audit , Deloitte - United Arab Emirates

Option D.Uncertainity when probable benefits or loss of particular decision are unknown

Yaqoub Alomar
by Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

Agree with the given answers

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Michael Lagunday
by Michael Lagunday , Accountant , Dubai Camel Racing Club

My answer is Uncertainty. 

Uncertainty is the state where the probability of each outcome is unknown.

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

  1. The correct answer was: d. uncertainty.

Khaled Anwar
by Khaled Anwar , Senior Sales Engineer , "Automotive company''

The answer is : Option ( D )

khaled elkholy
by khaled elkholy , HR MANAGER , misk for import & export

D ..... is .........right ..................

Ismael Hamad
by Ismael Hamad , Trainer , ANTONOIL DMCC , Lukoil project, WQ2

>>>

 d. uncertainty. 

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