Is the degree of probability that the possible outcomes of a particular course of action will occur

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What are the common courses of action when making decisions?

There are 4 possible courses of action when making decisions: continue the same course of action, expand the current situation, change the current situation, and take a new course of action.

What is a decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action?

creativity: A decision maker's ability to discover original and novel ideas that lead to feasible alternative courses of action.

When a manager makes a decision based on a generalization from a very small sample of information this is known as?

What Is Inductive Reasoning? Inductive reasoning is an approach to logical thinking that involves making generalizations based on specific details. 1 Inductive reasoning is an important critical thinking skill that many employers look for in their employees.

Which of the following is a reason for incomplete information?

Causes of incomplete information (cont.) Ambiguous information–Information whosemeaning is not clear,allowing it to beinterpreted in multiple orconflicting ways. Time constraints andinformation costs–There is notalways enoughtime or money tosearch/evaluate allpossiblealternatives.

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