One mistaken idea about business is that it can be treated as a game of perfect information. Quit the reverse. Business, politics, life itself are games which we must normally play with very imperfect information. Business decisions are often made with many unknown and unknowable factors which would even puzzle best poker players. But few business people find it comfortable to admit that they are taking a chance, and many still prefer to believe that they are playing chess, not poker.
The subject discussed in this text is _____
a. the process of reaching decision
b. the difference between poker and chess
c. the secret of making good business plans
d. the value of information in winning games
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