The article discusses the theory of firms, focusing on organization, capabilities, and uncertainty, especially in relation to entrepreneurship, innovation, and radical uncertainty. It clarifies misconceptions about uncertainty and its connection to competence and profit. The paper also explores the size of firms, organizational issues, the nature of corporations, their responsibilities, and the role of profit as a measure of success in decision-making. The findings suggest that understanding uncertainty and its impact on firms can lead to better management practices and decision-making processes.