Managers with higher levels of risk propensity are more likely than their conservative counterparts to:
A) adhere to the rational model and be extremely cautious about their decisions.
B) avoid mistakes and infrequently make decisions that lead to big losses.
C) rely heavily on intuition and gamble big investments on their decisions.
D) reach decisions slowly after a great amount of analysis.
E) display no aggression in decision making.

Question

Quizplus · Accepted Answer

Some managers are extremely aggressive in making decisions and are willing to take risks. They rely heavily on intuition, reach decisions quickly, and often risk big investments on their decisions. As in gambling, these managers are more likely than their conservative counterparts to achieve big successes with their decisions; they are also more likely to incur greater losses.

Managers with Higher Levels of Risk Propensity Are More Likely