Corporations in countries that are less oriented to the future will be less opportunistic and more risk averse.Question 12Answera.Trueb.Fals
Question
Corporations in countries that are less oriented to the future will be less opportunistic and more risk averse.
Question 12
Answer
- a. True
- b. False
Solution
The statement proposes that corporations in countries with a less future-oriented mindset are likely to exhibit lower levels of opportunism and increased risk aversion.
Analysis
In countries where a long-term outlook is not prioritized, businesses may focus more on short-term gains and stability in their operations, often avoiding risks associated with opportunistic ventures. This can lead to a more cautious business environment, characterized by a reluctance to invest in innovative or uncertain opportunities, which can be essential for growth and adaptation in a changing market.
Conclusion
Thus, the statement aligns with common understandings of corporate behavior in varying cultural contexts regarding risk and opportunity.
Final Answer
a. True
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