Which of the Following Is a Difference Between High Uncertainty

question 24

Multiple Choice

Which of the following is a difference between high uncertainty avoidance and low uncertainty avoidance?

• A) Unlike low uncertainty avoidance, high uncertainty avoidance suggests that employees are more risk averse.
• B) Unlike managers in cultures with high uncertainty avoidance, managers in cultures with low uncertainty avoidance are often more successful when they provide detailed instructions and clear guidelines.
• C) Unlike low uncertainty avoidance, high uncertainty avoidance suggests that employees typically are less loyal to their current employers.
• D) Unlike consumers with high uncertainty avoidance, consumers with low uncertainty avoidance are less likely to try products that have not been proven safe, effective, or desirable by the majority of the market.

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Definitions:

Term Life

A type of life insurance policy that provides coverage at a fixed rate of payments for a limited period of time, after which it expires without value if the insured survives the term.

Whole-Life

Refers to a type of life insurance policy that offers coverage for the life of the insured, typically including an investment component that builds cash value.

Universal Life

A type of flexible permanent life insurance offering the low-cost protection of term life insurance as well as a savings element, which is invested to provide a cash value buildup.

Asset Allocation Strategy

The process of dividing investments among different kinds of asset classes to optimize risk and reward according to an individual's or institution's objectives and risk tolerance.