Perceived Risk and Risk Reduction Strategies in Study Abroad Programs

The study abroad program (SAP) meets the criteria of a risky purchase, namely of being non-tangible, possessing hidden qualities, being expensive and cannot being able to be tested prior to purchase. In fact, SAPs may score highly on a number of risk components, especially financial risk (expensive)...

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Veröffentlicht in:Journal of teaching in international business 2004-12, Vol.15 (4), p.23-45
1. Verfasser: Luethge, Denise J.
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description The study abroad program (SAP) meets the criteria of a risky purchase, namely of being non-tangible, possessing hidden qualities, being expensive and cannot being able to be tested prior to purchase. In fact, SAPs may score highly on a number of risk components, especially financial risk (expensive), psychological risk (anxiety), physical risk (safety), social risk (thought of as foolish) and performance risk (deliver valuable information, have fun, learn). The concept of perceived risk is applied to SAPs, as are risk reducing strategies (RRS) that faculty can employ to make the SAP a much less risky proposition.
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subjects Anxiety
Business Administration Education
College Faculty
College Students
Decision Making
Educational Finance
international travel
Legal Responsibility
Perceived risk
Program Effectiveness
Risk Management
risk reducing strategies
Safety
Social Attitudes
Stress Variables
Studies
Study Abroad
study abroad programs
Teacher Responsibility
Travel
title Perceived Risk and Risk Reduction Strategies in Study Abroad Programs
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