Summary of Understanding Business Terminology

1. Provide brief single paragraph responses that represent your understanding of each of the following:

Risk

Residual Risk

Probability

Uncertainty in Decision Making
Structured Critical Reasoning

Problem Solving Attitudes

2. Use your own words rather than a text or dictionary definition. Include a business or managerial example to show your understanding of each term.

The paper should be from one to two pages long, plus a title page.

* Be sure to provide citations and references according to APA standards.

KDR