Which method would you choose to use if you were dealing with conditions of uncertainty, and why?
During uncertainty, it is best to err on the edge of caution. This would be the main strategy that a company should undertake.
It would be best to gather information and increase the knowledge base of the company in order to pull themselves out of the uncertain situation. Knowledge is a key factor here, since it ...
209 on how to handle uncertainties that could cost a lot if estimated wrong.