The tendency for people to base their judgments on information that is readily available but may not be accurate is called
A) representative bias.
B) availability bias.
C) escalation of commitment.
D) heuristical fallacy.
E) bounded discretion.
Correct Answer:
Verified
Q2: SCENARIO 12-1 You are making a decision
Q2: Allocating weights to the decision criteria is
Q4: Looking for a solution that is satisfactory
Q4: SCENARIO 12-1 You are making a decision
Q4: Trying to cover up a wrongdoing and
Q7: As Baby Boomers begin to leave the
Q8: The first phase of the rational decision-making
Q10: Tom consistently makes chooses the value-maximized alternative
Q14: Which of the following describes the tendency
Q14: Rationality assumes
A)high intelligence.
B)consistency.
C)maturity.
D)unlimited choices.
E)unlimited power and influence.
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