Gamma Co Has Discovered That One of Its Products Is

question 67

Multiple Choice

Gamma Co has discovered that one of its products is potentially dangerous.That danger, however, is not great.There is only a small chance that someone will be hurt, and even if someone is hurt, the injury will not be life threatening.Gamma Co therefore has decided to do nothing about the danger.It has employed a form of risk management known as

• A)risk ignorance.
• B)risk aversion.
• C)risk displacement.
• D)risk harmonization.
• E)risk acceptance.

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Definitions:

Advancement of Psychology

The progression and evolution of psychological theories, practices, and understanding over time.

Largest Organization

Typically refers to the entity with the highest number of employees, most extensive network, or greatest scale of operations in its domain or globally.

Structuralism

An approach in psychology that seeks to understand the structure of the mind by breaking down mental processes into their most basic components.

School of Psychology

An academic and theoretical perspective within psychology that groups together theories and approaches with similar characteristics and viewpoints.