RPW sample midterm

RPW sample midterm - RPW Sample Midterm Please read the...

Info icon This preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
RPW Sample Midterm Please read the following study and answer the questions that follow: CULTURAL AND GENDER DIFFERENCES IN RISK - TAKING BEHAVIOR AMONG AMERICAN AND SPANISH DECISION MAKERS When an individual's action produces social and economic consequences that cannot be  estimated with certainty,  risk  is encountered.  Risk  averseness is defined as the  propensity to avoid  taking   risks  and is generally conceived of as a personality variable  (Bonoma & Johnston, 1979). Different responses to  risk  situations have been attributed  to, among other reasons, cultural (Carlson & Davis, 1971) and  gender  differences  (Wallach & Kogan, 1959). Also, it has been repeatedly argued that the ways in which  business managers handle  risk  can markedly affect economic performance and the  standard of living in various societies (Levitt, 1990). In today's fiercely competitive  international environment, those organizations that have performed the best are  comfortable with  risks  and tend to spend more on research and development than less  successful organizations. Here, to explore cultural differences, we chose to contrast  American and Spanish societies because they are at different stages of economic  development.  The objective of the study was to examine differences in  risk - taking  behavior between  American and Spanish subjects, and between male and female subjects in both  samples. The subjects were students seeking a master's degree in business  administration (MBA) and who would soon be making important financial and investment  decisions. The sample of American MBA students consisted of 33 women and 77 men at 
Image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}

What students are saying

  • Left Quote Icon

    As a current student on this bumpy collegiate pathway, I stumbled upon Course Hero, where I can find study resources for nearly all my courses, get online help from tutors 24/7, and even share my old projects, papers, and lecture notes with other students.

    Student Picture

    Kiran Temple University Fox School of Business ‘17, Course Hero Intern

  • Left Quote Icon

    I cannot even describe how much Course Hero helped me this summer. It’s truly become something I can always rely on and help me. In the end, I was not only able to survive summer classes, but I was able to thrive thanks to Course Hero.

    Student Picture

    Dana University of Pennsylvania ‘17, Course Hero Intern

  • Left Quote Icon

    The ability to access any university’s resources through Course Hero proved invaluable in my case. I was behind on Tulane coursework and actually used UCLA’s materials to help me move forward and get everything together on time.

    Student Picture

    Jill Tulane University ‘16, Course Hero Intern