Question

Philosopher-mathematician Nassim Taleb calls businesses _____ when they guard what they cannot afford to lose and take risks with 10 percent of the business.

Answer 1

Answer:

The correct answer is letter "C": low impact.

Explanation:

Lebanese researcher Nassim Taleb (born in 1960) dedicated his life to studying problems of luck, uncertainty, probability, and knowledge. In his book "The Black Swan" (2007) Taleb mentions that small causes have large effects. When relating it to businesses, Taleb indicates that low impact businesses are those that keep in monetary terms what they cannot acquire. In front of risks, they only tend to ingest 10% of the assets of the business.