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When leaders assess possible outcomes for decision-making, they are using knowledge of what concept?
  • a)
    Chance
  • b)
    Event
  • c)
    Result
  • d)
    Likelihood
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
When leaders assess possible outcomes for decision-making, they are us...
Leaders utilize the concept of "likelihood" to evaluate possible outcomes when making decisions. By understanding the probabilities associated with various scenarios, they can make more informed choices that align with their goals and risk management strategies.
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