Why Are Firm Managers Generally Considered to Be Risk-Adverse

question 10

Essay

Why are firm managers generally considered to be risk-adverse?

---

Definitions:

Biological Markers

Indicators or measurable substances in the body that can signify health conditions, genetic predispositions, or disease states.

Genetic Variation

The diversity in gene frequencies within a species, which contributes to differences among individuals, including susceptibility to diseases, and physical and psychological characteristics.

Classificatory Schemes

Systems or methods used for organizing, categorizing, or grouping entities based on certain criteria or characteristics.

Physical Differences

Variations in bodily attributes among individuals or groups, often incorrectly used as a basis for discriminatory practices.