Question Details

[solution] » Risk is one of those words that takes on a myriad of meanings, depending upon the discipline. From..

Brief item decscription

Step-by-step solution file


Item details:

Risk is one of those words that takes on a myriad of meanings, depending upon the discipline. From..
More:Risk is one of those words that takes on a myriad of meanings, depending upon the discipline. From yourDictionary.com, as a noun, "risk" is defined as: . 1. The possibility of suffering harm or loss; danger. 2. A factor, thing, element, or course involving uncertain danger; a hazard: "the usual risks of the desert: rattlesnakes, the heat, and lack of water" (Frank Clancy). 3a. The danger or probability of loss to an insurer. 3b. The amount that an insurance company stands to lose. 4a. The variability of returns from an investment. 4b. The chance of nonpayment of a debt. 5. One considered with respect to the possibility of loss: a poor risk. You are a decision-maker, but you do not have a crystal ball in your toolkit (at least, not a reliable one!) -- so you cannot see the future. Yet, you know that "One of the trickiest problems in dealing with an uncertain future is people's seemingly irrational response to it." (Living Dangerously) And, "Human intuition is a bad guide to handling risk." (Freud, Finance & Folly). So, what do you do? How do you factor in risk in your decision-making? What role do you think "what-if" scenarios should play?

 







About this question:
STATUS
Answered
QUALITY
Approved
ANSWER RATING

This question was answered on: Feb 21, 2020

PRICE: $24

Solution~000190253763.zip (18.37 KB)

Buy this answer for only: $24

This attachment is locked

We have a ready expert answer for this paper which you can use for in-depth understanding, research editing or paraphrasing. You can buy it or order for a fresh, original and plagiarism-free copy (Deadline assured. Flexible pricing. TurnItIn Report provided)

Pay using PayPal (No PayPal account Required) or your credit card. All your purchases are securely protected by PayPal.
SiteLock

Need a similar solution fast, written anew from scratch? Place your own custom order

We have top-notch tutors who can help you with your essay at a reasonable cost and then you can simply use that essay as a template to build your own arguments. This we believe is a better way of understanding a problem and makes use of the efficiency of time of the student. New solution orders are original solutions and precise to your writing instruction requirements. Place a New Order using the button below.

Order Now