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Organizational choice under ambiguity: Decision making in the chemical industry following Bhopal

Howard Kunreuther,Jacqueline Meszaros-1996-11-13-Cambridge University Press eBooks
6

TL;DRAbstract

Organizational decision making would be a relatively simple matter if probabilities could always be estimated and objectives were clear and consistent. Under those conditions, a decision maker could systematically compare and evaluate alternative courses of action with ease. These are not the conditions in the world of modern business, however. Most important, organizational decisions today are made under clouds of ambiguity.

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Organizational decision making would be a relatively simple matter if probabilities could always be estimated and objectives were clear and consistent. Under those conditions, a decision maker could systematically compare and evaluate alternative courses of action with ease. These are not the conditions in the world of modern business, however. Most important, organizational decisions today are made under clouds of ambiguity.

Keywords

AmbiguityBusinessChemical industryComputer scienceEngineeringEnvironmental engineering

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