When Discussing the Effects of the Nature of Risks, Which

question 21

Multiple Choice

When discussing the effects of the nature of risks, which of the following would be accepted more easily?

• A) Newly built power plant
• B) Smoking cigarettes
• C) Speeding vehicles near playground
• D) Industrial pollution

Identify the role of creativity and risk tolerance in fostering an innovative organization.

Understand the concepts of exploration and exploitation in organizational strategy and innovation.

Grasp how management practices, including hiring, retention, and rewards, support or undermine innovation.

Distinguish between different types of organizational goals (mission, societal, output, system goals) and their impact on the organization's direction.

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Definitions:

Exploration

Is the first traditional career stage and involves identifying interests and opportunities.

Opportunities

Chances or prospects available for growth, advancement, or success in a specific area or field.

Leniency Error

A bias in performance evaluations where assessors rate employees more favorably than their performance merits due to personal feelings.

Performance Appraisals

The systematic evaluation of an employee's job performance and productivity, usually involving feedback from superiors.