Risk-Avoiding Cultures Will

question 9

Multiple Choice

Risk-avoiding cultures will

• A) be willing to move early on a deal.
• B) generally take more chances.
• C) seek further information.
• D) be less likely to take a wait-and-see stance.
• E) Risk avoiding cultures will generally take all of the above actions.

---

Definitions:

Tacit Knowledge

Knowledge that is difficult to transfer to another person by means of writing it down or verbalizing it, often gained through personal experience.

Civilian Conservation Corps

A public work relief program in the United States during the Great Depression that provided unskilled manual labor jobs related to the conservation and development of natural resources.

NRA Codes

Regulations established by the National Recovery Administration during the New Deal in the United States to set fair competition standards, establish minimum wages, and limit work hours to stimulate economic recovery.