Suppose a Project Is Subject to the Following Risk Events

question 117

Multiple Choice

Suppose a project is subject to the following risk events (each with a given probability of occurring and a cost associated with that occurrence) : $$\begin{array} { l l l } \text { Event } & \text { Probability } & \text { Cost } ( \$ 000 \mathrm {~s} ) \\\text { I } & .2 & 53 \\\text { II } & .6 & 54 \\\text { III } & .1 & 12 \\\text { IV } & .3 & 21\end{array}$$ Given these, Event _____ should probably get the most attention and Event _____ should probably get the least.

• A) II; IV
• B) III; IV
• C) I; III
• D) I; II
• E) II; III

Explain Carl Rogers's contributions to psychology, particularly in therapy and self-concept.

Distinguish between sources of self-esteem and strategies for enhancing it.

Identify the processes and benefits of developing self-awareness and authentic self-concept.

Understand the concepts of locus of control and its implications on personal attitude towards life events.

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Definitions:

Ethical Climate

The moral atmosphere of a business environment, defined by the company's policies, practices, and behaviors that influence ethical decision-making.

Donates

The act of giving or contributing something, such as money, goods, or time, voluntarily to a cause, organization, or individual in need.

Corporate Social Responsibility

A business model that helps a company be socially accountable to itself, its stakeholders, and the public, often by engaging in sustainable practices.

Government Organizations

Entities formed by a governing body to implement policies, provide public services, and enforce laws.