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Which statement best describes the potential outcome(s) of taking a risk?

A. The possibility of multiple unknown outcomes, each as likely as the other.
B. The possibility of damaging your long-term prospects.
C. The possibility of failure or success in the short term.
D. The probability of failure in the short term.



Answer :

GinnyAnswer

Final answer:

Decisions under risk involve estimating probabilities of different outcomes and considering long-term prospects.


Explanation:

Decisions under risk involve estimating probabilities of different outcomes, such as success or failure. One major challenge is the element of uncertainty regarding future results. Short-term perspectives often lead to a fear of risk, but assessing long-term prospects is essential.


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