Question

The difference between being proactive and reactive is the development of a:




  1. Add a note herePayoff table



  2. Add a note hereRange of probabilities



  3. Add a note hereRange of payoffs



  4. Add a note hereContingency plan


Is this question asked correctly?

Answer D:


In case of Risk acceptance strategy, proactive acceptance includes developing a 'Contingency plan', where as a passive acceptance is to deal with it when the Risk happens.


Thanks,


Venkat

My q is different , read last line.