Which of the following statements best describes the phenomenon called risky shift?
A. A corporation shifts its risk onto its customers.
B. Groups do not accept higher risks than individuals.
C. A group of people who must reach a consensus on an acceptable level of risk often decide on a level of risk higher than the risk they would accept as individuals.
D. The decisions made by a team of managers may have lower levels of risk and may create lesser legal problems than decisions made by an isolated manager.
Answer: C
You might also like to view...
Government regulations on advertising and promotion are similar across all world countries
Indicate whether the statement is true or false
Research suggests that cross-sector partnerships vary on a number of dimensions, what are they?
What will be an ideal response?
Answer the following statement(s) true (T) or false (F)
1. Being a man in Japan is associated with fewer job opportunities than being a women in Japan. 2. Workforce diversity is not about the anthropological difference between people that “make them special.” 3. There is a fundamental difference between attributes that make a person a unique human being and those that – based on a group membership rather than individual characteristics – yield negative or positive consequences. 4. Regional differences may be benign in some areas but consequential in others 5. In recent years, research and scholarly work on diversity has been generated in parts of the world other than the United States.
One factor that does not make it harder for us to avoid biases in perception is:
a) Consistency b) Closure c) Channeling d) Self-fulfilling prophecy