Definition: Causal Ambiguity is in decision making and strategy formation the situation where it is hard or even impossible to relate the consequences or effects of a phenomenon to its initial states or causes.It is the uncertainty due to the quality of being open to more than one interpretation of the relationship between 2 phenomena, like for example between the resources a company has available and its competitive advantage. |
More on business strategy: 3C's Model of Ohmae, Ansoff Matrix, Business Continuity Planning, Business Model, Business Model Canvas, more on business strategy... MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program. We keep it short and provide links to high-quality websites where you can learn more about your topic. |
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