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Risk seeking decision makers or team focus on potentially positive outcomes

   44.   Risk seeking decision makers or team focus on _____
a.
probability of loss, which is often over estimated.
b.
balancing interests.
c.
potentially positive outcomes.
d.
situational effects.


ANS:  C                   

   45.   ____ 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


ANS:  B                   

   46.   In_____, the probability of a loss is overestimated relative to the probability of a gain.
a.
limited search
b.
escalating commitment
c.
risk propensity
d.
problem framing


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.
a.
limited search
b.
escalating conflict
c.
risk propensity
d.
problem framing


ANS:    D
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