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Situations of certainty, risk and uncertainty affect decision-making. In an environment o

 Situations of certainty, risk and uncertainty affect decision-making. In an environment or condition of high uncertainty, which of the following strategies should be used to make a plan more effective?

[A]Rely on long-term forecasting in the industry

[B]Place less reliance on lower and middle management’s advice

[C]Adopt long-term planning, i.e., more than five years duration

[D]Adopt a directional plan with an emphasis on the short-term 

Mar 07 2018 View more View Less

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