Welcome to the 1520 Perfect Dictionary
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| Risk-taking | |
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| RISK-TAKING Definition: The practice of doing things that involve risks in order to achieve something. ______________________________________________________________________ * All eight elements are in. * See perfect RISK TAKER. 1. Purposeful and considered a necessity to do thing. 2. Thing is done by taker of his/her own volition (to emphasize). __________________ 3. The full extent of danger, difficulties, impossibilities, etc. are known and/or understood. That is, a proper assessment has been made before decision to act. In other words, there is seemingly a basis for taking risk. 4. No guarantee of the probable or possible benefit or profit or gain, etc. that may accrue in the situation. __________________ 5. Thing on which risk is taken is not patently illegal. 6. There is a psychological readiness for any eventuality, especially that of a negative nature. __________________ 7. Practice (= act or action) serves purpose(s), even if objective(s) is/are not achieved. 8. Success or victory, if achieved in the end, will not be considered worthless or Pyrrhic. And if venture ends in failure, it will not be so devastating to lead to an unplanned loss. _____________________ * THINK DEEPLY. Quote: "Risk more than others think is safe. Dream more than others think is practical". - Howard Schultz. Quote: "The policy of being too cautious is the greatest risk of all". - Jawaharlal Nehru. Quote: "The willingness to take risks is our grasp of faith". - George E. Woodberry. Quote: "He that will not sail till all dangers are over must never be put to sea". - Thomas Fuller. Quote: "Risk-taking is inherently failure-prone. Otherwise it would be called sure-thing-taking". - Tim McMahon. Quote: "Every noble acquisition is attended with its risks; he who fears to encounter the one must not expect to obtain the other". - Metastasio. | |
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1520 Products was established in 2005 with the purpose of entertaining and teaching us on key and important aspects of life (such as marriage, sex, etc) through the playing of games which will allow us to laugh but at the same time pass a message of what is the right or ideal way. |
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