Multiple Choice
Errors that people make over and over and that result in poor decision making are known as:
A) systematic errors
B) representative bias
C) confirmation bias
D) illusion of control and overconfidence bias
E) recency effect
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q1: A regional manager decided to increase production
Q2: The rational or classical model of decision
Q3: An organization in which managers try to
Q5: Which of the following is not a
Q6: The last step in the decision-making process
Q7: Rules of thumb that simplify decision making
Q8: The ability to make sound decisions based
Q9: When a manager must decide whether he/she
Q10: Managers who are rational in the way
Q11: Prior hypothesis bias occurs when managers make