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Risk Tolerant and Risk Averse

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Q1: Choose an organization you work for or one that you are familiar with. Tell us whether you feel the organization is "risk tolerant" or "risk averse" and why. Provide an example to support your belief.

response is 251 words

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The expert examines risk tolerant and risk averse for an organization.

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The drafting firm I worked for was risk tolerant. The company, would accept the jobs without a written contract and would also accept minimal payments from clients with the "understanding" that more money would be available in the near future. The company would continue to work on plans for clients who had not paid their retainers or made their scheduled payments ...

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