Evaluating Risk Requires Us To

question 55

Multiple Choice

Evaluating risk requires us to:

• A)think about different possible outcomes.
• B)accept that our best guess about future costs and benefits could be wrong.
• C)consider uncertain costs or benefits of an event or choice.
• D)All of these are true.

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Definitions:

Semantic Barriers

Involve a poor choice or use of words and mixed messages.

Formal Channels

Official, established routes of communication or transmission of information within an organization.

Chain Of Command

The hierarchical structure within an organization that delineates authority, responsibility, and communication pathways.

Grapevine

An informal communication channel within organizations where information, often unverified or speculative, spreads quickly among employees.