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Question

Certainly, risk and uncertainty are the three possible conditions of _______________.

A
risk management
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B
decision making
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C
planning
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D
none of the above
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Solution

The correct option is B decision making
Decision making includes taking correct course of actions which help in getting desired results and choosing of the best alternatives. The three possible conditions of decision making includes certainty, uncertainty and risks which influence the extend of decision making.

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