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44. Risk
seeking decision makers or team focus on _____
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a.
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probability of loss, which is often over
estimated.
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b.
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balancing interests.
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c.
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potentially positive outcomes.
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d.
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situational effects.
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ANS: C
45. ____
refers to the tendency of an individual or team to make or avoid decisions in
which the anticipated outcomes are unknown.
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a.
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Limited search
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b.
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Risk propensity
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c.
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Escalating commitment
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d.
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None of these
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ANS: B
46. In_____,
the probability of a loss is overestimated relative to the probability of a
gain.
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a.
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limited search
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b.
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escalating commitment
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c.
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risk propensity
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d.
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problem framing
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ANS: C
47. In_____,
individuals or teams in unfavorable situations tend to think that they have
little to lose and therefore may be more risk seeking.
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a.
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limited search
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b.
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escalating conflict
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c.
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risk propensity
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d.
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problem framing
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