Perceived risk is concerned with the expectation of loss and is, therefore, tied closely with organizational performance.

Question

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Perceived risk can have a significant impact on organizational performance, as it influences decision-making and can lead to a reluctance to take risks or invest resources in certain areas. The expectation of potential loss can create a sense of caution and affect the willingness to pursue opportunities or engage in certain activities. Therefore, understanding and managing perceived risk is important for achieving organizational goals and success.

Perceived Risk Is Concerned with the Expectation of Loss and Is