A Plan That Is Put in Place to Deal with Risks

question 49

Multiple Choice

A plan that is put in place to deal with risks after they occur is referred to as?

• A) Mitigation
• B) Contingency
• C) Exception
• D) Outlier

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Definitions:

Social Comparisons

The act of evaluating one's own abilities, achievements, and conditions by contrasting them with those of others.

Experimental Situation

A controlled environment or setup created to investigate the effects of variables on subjects in a scientific study.

Frame of Reference

A set of criteria or stated values in relation to which measurements or judgments can be made.

Asch's Study

Asch's study refers to a series of psychological experiments conducted by Solomon Asch in the 1950s, demonstrating the power of conformity in groups.