Example of decision making under uncertainty

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Would this be a good practical real-world example of decision making under uncertainty. In 1999, the company I worked for announced they were releasing their sales force and asked us to continue with them as independent reps. None of us agreed. My business partner and I decided to purchase our own equipment and serviced the accounts we had established. The initial investment was substantial, and we were uncertain of when we would see a profit. Fortunately, the profits came sooner than expected.

Reference no: EM132971886

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