Theresa May visits school with Copeland By-Election Candidate

The video tutorial introduces the concept of risk, explaining its implications and considerations.

What is the primary focus when discussing risk in decision making?

• Avoiding all risks at any cost

• Understanding the potential consequences

• Ignoring risks to move forward quickly

• Taking risks without any analysis

In what situations might taking a risk be considered necessary?

• When you want to impress others

• When everyone else is taking risks

• When the potential benefits outweigh the risks

• When there is no other option available

What is a key factor in deciding whether to take a risk?

• The potential for personal gain

• The level of peer pressure

• The ability to manage the risk effectively

• The amount of time available

How can one effectively manage risks?

• By avoiding all decisions

• By taking them as they come

• By ignoring them

• By analyzing and preparing for potential outcomes

What should be the final step in risk assessment?

• Taking immediate action

• Re-evaluating the decision

• Implementing a risk management plan

• Discussing with peers