Which of the following refers to the extent to which a decision maker is willing to gamble when making a decision?
A. Escalation of commitment
B. Intuition
C. Coalition
D. risk propensity
Answer: D. risk propensity
Business
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According to Paul Krugman, a country that attempts to use strategic trade policy to establish a domestic firm in a dominant position in a global industry, is most likely to:
A. dominate the industry. B. move away from protectionism. C. provoke retaliation. D. incur huge financial debts. E. upset the special-interest groups within the economy.
Business
Stabilization policy is made up of both monetary and fiscal policy
What will be an ideal response?
Business