Which of the Following Statements Captures the Risky Shift Phenomenon

question 33

Multiple Choice

Which of the following statements captures the risky shift phenomenon?

• A) Groups tend to make riskier decisions than individuals.
• B) Individuals tend to make riskier decisions than groups.
• C) People behave more courageously in groups than when alone.
• D) People behave more courageously when alone than when in groups.

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Definitions:

Processing Further

Additional operations or activities undertaken on a product after the initial manufacturing process to increase its value.

Financial Advantage

The benefit obtained from making certain financial decisions or investments, often resulting in savings, earnings, or a stronger financial position.

Intermediate Products

Goods that are in a middle stage of production, not yet final products, but also not raw materials; used as input in the production of other goods.

Processed Further

The decision or action to continue the transformation of a product beyond the initial production phase to add value.