Match the Following: -Risk Aversion

question 37

Multiple Choice

Match the following:
-Risk Aversion

• A)A simple decision rule.
• B)An inclination to choose options displaying minimal risk.
• C)A decisional situation where options have probabilities of success.
• D)Delegating and giving employees authority to make decisions.
• E)A situation where a person continues to follow/implement an option even though its chances of success are minimal and possibly declining.

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Definitions:

Conflict

A situation where individuals or groups have opposing interests, ideas, or beliefs that clash.

Diversity

All forms of difference among individuals, including culture, gender, age, ability, religion, personality, social status, and sexual orientation.

Uncertainty Avoidance

A cultural dimension that reflects the extent to which members of a society attempt to cope with anxiety by minimizing uncertainty.

Diversity

The inclusion of individuals from various backgrounds, cultures, races, genders, sexual orientations, etc., enriching a community or organization.