Sally Tended to Make a More Risky Decision About Investing

question 56

True/False

Sally tended to make a more risky decision about investing in her small business after reading an article in Fortune.This is an example of the risky shift phenomenon.

---

Definitions:

Esteem Needs

Part of Maslow's hierarchy of needs, esteem needs refer to the desire for respect, self-esteem, and recognition from others.

Self-Actualization

A psychological state or process of fulfilling one's potential and realizing one’s abilities and qualities to the fullest extent.

Maslow's Model

A theory in psychology proposed by Abraham Maslow, presenting a hierarchy of human needs, from basic physiological needs to self-actualization.

Power Motives

The driving factors behind individuals' desire to influence, control, or have authority over others or situations.