Risk Takers in Business: Description & Effects on Organizational Behavior

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What does it mean if a worker is risk averse?

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1. A risk taker is someone who:

2. Someone who looks forward to a constant flux of new information and is always trying to improve possesses which characteristic of a risk taker?

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About This Quiz & Worksheet

Risk takers possess a number of common characteristics, and this quiz/worksheet combo will help test your understanding of the terms that describe them.

Quiz & Worksheet Goals

In these questions you'll be tested on your knowledge of vocabulary words such as:

  • Heightened expectations
  • Risk taker
  • Embrace change
  • Escalation of commitment
  • Risk averse
  • Trust instincts

Skills Practiced

This quiz and worksheet will also help students test the following skills:

  • Reading comprehension - ensure that you draw the most important information from the related business lesson on risk takers
  • Defining key concepts- ensure that you can accurately define terms such as heightened expectations and escalation of commitment
  • Distinguishing differences - compare and contrast topics from the lesson, such as risk takers and rise averse workers

Additional Learning

To learn more about risk takers and how they can affect business, review the corresponding lesson called Risk Takers in Business: Description & Effects on Organizational Behavior. This lesson:

  • Defines risk takers and risk averse
  • Explains the characteristics of risk takers
  • Explores the effects of risk taking in business
  • Provides information about how age and gender affect the likelihood of a manager taking risks
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