Managers with Higher Levels of Risk Propensity Are More Likely

question 78

Multiple Choice

Managers with higher levels of risk propensity are more likely than their conservative counterparts to:

• A) adhere to the rational model and be extremely cautious about their decisions.
• B) avoid mistakes and infrequently make decisions that lead to big losses.
• C) rely heavily on intuition and gamble big investments on their decisions.
• D) reach decisions slowly after a great amount of analysis.
• E) display no aggression in decision making.

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Definitions:

Self-Fulfilling Prophecy

A belief or expectation that influences behavior in a way that causes the belief to become true.

Stereotyping

Involves assigning a set of characteristics to people based on their membership in a particular group or category, often leading to oversimplified and unfair judgments.

Discrimination

The inappropriate and unjustified treatment of people based on the groups they belong to.

Prejudice

Preconceived opinions or judgments about people or groups, often negative and not based on actual experience or facts.