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Executives at Carnival Cruises have made the decision to buy two new cruise ships to add to their fleet. Because there are only three companies
Executives at Carnival Cruises have made the decision to buy two new cruise ships to add to their fleet. Because there are only three companies that make cruise ships large enough to meet their needs, Carnival knows its options with relative certainty. Each manufacturer has proven products and will guarantee prices and delivery dates. The company therefore knows the alternative conditions associated with each. There is little ambiguity and relatively little chance of making a bad decision. The executives are making this decision under what condition? state of uncertainty nonprogrammed decisions state of risk state of certainty
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