Wayne and Sarah Are Trying to Manage the Risk They

question 12

Multiple Choice

Wayne and Sarah are trying to manage the risk they face in life a best as they can.They are following Principle 7 which states

• A)the best protection is knowledge.
• B)protect yourself against major catastrophes.
• C)nothing happens without a plan.
• D)diversification reduces risk.
• E)the best insurance is prevention.

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Definitions:

Subcultures

Subgroups within a larger culture, each with distinctive values, norms, and practices.

Rituals

Practices or ceremonies that are a repeated part of a culture or organization's traditions.

Socialization Steps

The process through which individuals learn and adopt the norms, values, and behaviors necessary to function in a given society or organization.

Strong Cultures

Organizational cultures characterized by deeply ingrained norms, values, and behaviors that are widely shared and strongly upheld by members, guiding their actions and decisions.