An Emerging Concern for Risk Managers Is the Greater Volatility

question 49

Multiple Choice

An emerging concern for risk managers is the greater volatility that has been observed in weather patterns-higher high temperatures,lower low temperatures,record rainfall,drought,etc.Collectively,this risk is called

• A)global warming risk.
• B)hurricane risk.
• C)speculative risk.
• D)climate change risk.

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Definitions:

Behaviourism

A theory of learning based on the idea that all behaviors are acquired through conditioning, initiated by interactions with the environment.

John Watson

An American psychologist often cited as one of the founders of behaviorism, emphasizing the importance of observable behaviors over internal phenomena like thoughts and feelings.

Conscious Experience

The subjective awareness of one's thoughts, feelings, and environment, often contrasted with unconscious processes.

Wilhelm Wundt

Recognized as the father of experimental psychology, he established the first psychology laboratory at the University of Leipzig in Germany, marking the separation of psychology from philosophy.