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MGMT 530 Week 4 DQ 1 Defining Uncertainties

MGMT 530 Week 4 DQ 1 Defining Uncertainties
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MGMT 530 Week 4 DQ 1 Defining Uncertainties

How does your organization assess uncertainties in your decision-making process? What are the benefits to using decision trees to assess uncertainties?
 
Provide an example where uncertainties played a major role in a decision situation.
In the context of uncertainty, is there a difference between 'possibility' and 'probability'? 

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