Concept information
Preferred term
risk taking
Definition
- Risk taking is the possibility that the choices one makes may bring suffering, harm, loss, or danger to the risk takers. A course of community action involving taking a chance on uncertain danger, incurring known loss, or endangering others typically involves assessment strategies between leaders and followers. [Source: Encyclopedia of Leadership; Risk Taking]
Broader concept
Belongs to group
URI
https://concepts.sagepub.com/social-science/concept/risk_taking
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