Final answer:
Uncertainty is the term used when managers lack sufficient information to understand and predict environmental needs and changes, leading to potential risks in decision-making.
Step-by-step explanation:
The term that means managers do not have sufficient information about environmental factors to understand and predict environmental needs and changes is c. uncertainty.
This concept implies that due to imperfect information, there is an inherent lack of predictability or assurance regarding outcomes or consequences. It acknowledges the limitations in knowledge, which prevents managers from being able to anticipate changes and adapt strategies effectively. The availability of complete and accurate information is critical for making informed decisions; thus, when information is incomplete or unclear, the risk of potential harm or error in decision-making processes increases.