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Lafluf Hytchye
on Oct 17, 2024

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____ refers to the tendency of an individual or team to make or avoid decisions in which the anticipated outcomes are unknown.

A) Limited search
B) Risk propensity
C) Escalating commitment
D) None of these

Risk Propensity

An individual's or organization's inclination or tendency to undertake actions that have uncertain outcomes, potentially involving loss or danger.

Anticipated Outcomes

Anticipated outcomes are the expected results or consequences of an action or decision.

  • Understand the role of risk propensity in decision making.
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Andrew MontorOct 23, 2024
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