Which of the Following Is Not Related to Avoidance of Uncertainty

question 60

Multiple Choice

Which of the following is not related to avoidance of uncertainty?

• A) a dominant state religion
• B) a high premium on achievement
• C) a concern with security
• D) low risk-taking
• E) none of the above

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Definitions:

Rate of Return

The increase or decrease in value of an investment throughout a determined period, shown as a percent of the investment’s initial cost.

Natural Monopolies

A market situation where a single supplier, due to unique resources, technology, or economies of scale, can provide a product or service at a lower cost than any potential competitor.

Regulatory Agency

A governmental body responsible for enforcing specific laws and regulations to protect public interest in areas such as health, safety, and the environment.

Antitrust Policy

Regulations and laws that prevent monopolistic business practices, promote fair competition, and protect consumers from abusive behaviors by large companies.