BUISENESS MANAGEMENT
RISK MANAGEMENT
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
Risk Averse Producers
|
|
|
Risk neutral producers
|
|
|
Risk preferring individuals
|
|
|
Daredevils
|
Detailed explanation-1: -Risk taking can uncover vulnerability, imperfection, and embarrassment. However, the rewards of a calculated risk may lead to becoming and feeling like a successful person – however you define that. Practicing with small risks each day can help you to build a template for taking more and bigger risks as you go.
Detailed explanation-2: -People who love excitement and thrills enjoy risky behaviours, and upbringing and environment play a part too. So does peer pressure. We are all more likely to take risks if others around us are doing so, even if we correctly assess the danger.
Detailed explanation-3: -Taking risks can change you fundamentally. They make you braver, stronger, and more confident. They show that you have what it takes to make a decision, commit, and create the life you want. You build faith in yourself knowing you have done it before and can do it again.