What do you think is the typical situation in the business world: risk or uncertainty? Can you think of situations in the business world or other real life situations where you would need to estimate probabilities?© BrainMass Inc. brainmass.com June 4, 2020, 12:18 am ad1c9bdddf
I think in the business world a more typical situation would be risk. They know what the possible outcomes of a ...
An example of a business situation is briefly provided.