Module 2 Assignment – What’s Your Risk Type?
Based on the overall results, are you a risk seeker, risk neutral, or risk adverse? Why?
Discuss if you agree or disagree with the survey’s results and overall category in which you were placed. Do you agree with this finding? Why, or why not?
If you were to respond to this survey again, only this time without the $15,000 having been automatically given to you to invest, would your response be any different, now being required to use your hard-earned money as the initial principle investment?
How does this exercise apply to your future role as a healthcare administrator? In what way can you use this exercise to influence (or not influence) your decisions as an organizational leader?
Finally, apply this lesson on risk to any healthcare organization’s action in the news. For instance, have any healthcare organizations (noticed in your workplace, on TV, located on the internet) demonstrated risk aversion, risk seeking, or risk neutral behaviors? Was this a good idea (in your opinion) considering the situation?
