Final answer:
True. Stakeholder decisions on risks generally involve assessing whether the perceived benefits exceed the perceived costs, which is a fundamental aspect of cost/benefit analysis.
Step-by-step explanation:
Stakeholder decisions on risks are typically made based on whether the benefits outweigh the costs. This is indeed true, as a rational decision-making process often involves conducting a thorough cost/benefit analysis, comparing what will be sacrificed against what will be gained. These decisions factor in not just monetary considerations, but also time, effort, and resources in general. In practice, this means assessing the marginal costs, which represent the extra cost of adding an additional unit, against marginal benefits, or the extra benefit of adding the same unit. The results of this calculation help stakeholders make informed choices in scenarios ranging from personal to public, including political elections and policy evaluations.