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 |
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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. |
doi_str_mv | 10.1300/J066v15n04_03 |
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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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