A manager who has a high level of risk propensity is likely to:
A) make decisions quickly.
B) avoid risks.
C) spend a lot of time evaluating alternatives.
D) be wary of making a wrong choice.
E) rely heavily on mathematical analysis.

Question

Quizplus · Accepted Answer

Managers with a high level of risk propensity 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.

A Manager Who Has a High Level of Risk Propensity