Examlex
Which of the following theories presents the key idea that consistent,uniform patterns of action occur in particular settings?
External Review
An evaluation or assessment conducted by individuals or entities outside of an organization to ensure objectivity and impartiality, often focusing on processes, products, or financial health.
Framing Bias
A cognitive bias where people react differently to a particular choice depending on how it is presented, such as a loss or gain.
Risk-Averse
A tendency to avoid taking risks, preferring safer or more predictable outcomes over uncertainty.
Risk-Seeking
characterizes the tendency of an individual or entity to take decisions that have a significant level of uncertainty or potential for negative outcomes in the hope of achieving higher gains.
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