HC1031 Managing People And Organisations - Assignment 1

Assignment 1

Question 4 Week 5: Tutorial 4 (10 marks)
Define the concepts of risk and ambiguity and explain the differences between both in 100 words. In 300 words, discuss how decision making may differ for each situation, i.e. in a situation of risk and a situation of ambiguity. You must support your discussion by referring to three (3) additional academic sources from ProQuest. Harvard Referencing is required, and you need to ensure that you reference them correctly.

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