which 2 of the following can be used to reduce uncertainty in decision making?
a-EV analysis
b-market research
c-focus groups
d-relevant costing
sir the answer is B and C but i was wondering why not 'A' too?
thanks!
Ask the Tutor ACCA PM
uncertainty in DM
Expected values give a basis for a decision but does not make the actual outcome any less uncertain - the actual outcome will obviously not be the the expected value.
Sign in to reply to this topic.
