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Environmental Risk Transition Is Most Likely to Be Characterized By

question 10

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Environmental risk transition is most likely to be characterized by:


Definitions:

Programmed Decisions

Decisions that are routine and repetitive, often made using predetermined rules or policies.

Escalation Of Commitment

The phenomenon where individuals or organizations continue to invest in a decision despite new evidence suggesting it may be a poor choice, often to justify previous investments.

Reality Checks

Moments or instances where one is forced to recognize the true nature of a situation, often contradicting prior beliefs or expectations.

Tacit Knowledge

Describes the unarticulated, intuitive, and acquired knowledge that people possess, which is often difficult to transfer to others without direct personal interaction or experience.

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