A Person Who Is Oversensitive to Loss and Is Unwilling

question 142

Multiple Choice

A person who is oversensitive to loss and is unwilling to recognize the loss and move on has:

• A)loss aversion.
• B)risk aversion.
• C)status quo bias.
• D)mental accounting.

---

Definitions:

Leaders

Leaders are individuals who have the ability to influence and direct others towards achieving a common goal or vision.

Internal Constraints

Limitations within an organization that restrict options or actions, such as policies, resource availability, or existing structures.

Top Executives

Senior-level managers responsible for overseeing the strategic direction and operation of an organization.

Operating Cost

Expenses associated with the day-to-day functioning of a business, such as rent, utilities, and payroll.