Question

You want to hang out with your friends but can't get in touch with your parents to ask for permission. you decide to go even though their reaction is unknown. What is this an example of?
Assessing outcomes?
cost and benefit analysis?
opportunity cost?
uncertainty?

Answer 1

Answer:

uncertainty

Explanation:

this is because your parents might agree or disagree whichever way you are not sure that means you are uncertain

Answer 2

This is an example of uncertainty.

Uncertainty as the term implies, refers to a scenario where the outcome of doing something is not known. This outcome can either be positive or negative and even then, it will be in varying degrees.

• Uncertainty is the basis for risk assessment.
• It is because we are not sure that something will work in a certain way that we assess the situation to find out what will happen and then assign different probabilities to these outcomes.

You going out with your friends even though you don't know what your parents' reaction will be is an example of uncertainty because they could either react positively or negatively.

Uncertainty is present in different fields and in business, one example is shown here https://brainly.com/question/14889571.