Social pressures and influences may cause managers to make irrational decisions.

Question

Quizplus · Accepted Answer

Social pressures and influences can create biases and cognitive distortions that can impact a manager's decision-making process and lead to irrational decisions. These pressures may include conformity to group norms, fear of reprisal or loss of status, desire for approval or recognition, or other social dynamics that can affect a manager's judgment. It is important for managers to be aware of these influences and to take steps to mitigate their impact on decision-making.

Social Pressures and Influences May Cause Managers to Make Irrational