Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Think about your overall tolerance for risk according to your lifestyle. Assess your general tolerance for risk on a scale of 1 (low) to 10

Think about your overall tolerance for risk according to your lifestyle. Assess your general tolerance for risk on a scale of 1 (low) to 10 (high). 

 

Choose one in your  with any level of risk, and think of how you manage that risk to reduce the risk of that activity.  

 

DO NOT include risky activities involving money or regulated by the government, eg. seat belts, mask mandates  

 

My general tolerance for risk is '5'

 

A) Post the following on the Discussion Board:


1) Your general tolerance for risk score and how you derived this number?


 2) The activity in your life with any risk level and how you reduce the risk?


 3) How do you manage the risk to make the activity more favorable?  What must alter to manage that risk? 

Step by Step Solution

3.40 Rating (131 Votes )

There are 3 Steps involved in it

Step: 1

To determine your general tolerance for risk score you could consider factors such as your past expe... blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Statistics For Business And Economics

Authors: Paul Newbold, William Carlson, Betty Thorne

8th Edition

0132745658, 978-0132745659

More Books

Students also viewed these Accounting questions

Question

What are the documents that are considered part of the ACM?

Answered: 1 week ago