Concept information
Preferred term
uncertainty
Definition
- Uncertainty pertains where experience fails to yield sufficiently similar states of affairs for frequency classification and the assignment of weightings; it is unmeasurable. It is uncertainty that makes it possible for people to identify wealth-creating opportunities and exploit them through the consolidating effects of organizing. [Source: International Encyclopedia of Organization Studies; Uncertainty]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/uncertainty
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