Risk Management Decisions Are Based on the Social Sciences-Law,economics,politics,and Ethics

question 70

True/False

Risk management decisions are based on the social sciences-law,economics,politics,and ethics.

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Definitions:

Second-Level Outcomes

Refers to the indirect or long-term results of an action or decision, beyond the immediate or primary effects.

Expectancy Model

A psychological theory that explains motivation as a function of individuals' expectations about their ability to perform tasks, the expected outcomes of these tasks, and the value they place on these outcomes.

Valence

refers to the intrinsic attractiveness or aversiveness of an event, object, or situation.

Task Identity

The degree to which a job involves completing a whole, identifiable piece of work from start to finish.