Nnyiko has the opportunity to start his own business doing what he loves.However, to do this, he would have to liquidate all of his resources, including selling his car and emptying out his savings.In the end, however, he decides that he has too much to lose and sticks with his day job, which is less fulfilling but offers a sure thing.Nnyiko is making his decision based on ____.
A)temporal discounting
B)fear of success
C)learned helplessness
D)risk aversion

Question

Quizplus · Accepted Answer

Nnyiko's decision to stick with his day job rather than starting his own business shows that he is risk-averse. He is hesitant to put all of his resources into something where there is uncertainty and potential for loss.

Nnyiko Has the Opportunity to Start His Own Business Doing