Multiple Choice
A manager orders a large quantity of stock at a discounted price from their supplier. Sales over the following period are poor, but the supplier offers the same deal three months later. The manager purchases another large quantity of the same item, but sales remain poor. The manager has fallen into the:
A) framing trap.
B) confirmation bias trap.
C) not cutting your losses trap.
D) pattern recognition trap.
E) sticking with the status quo trap.
Correct Answer:

Verified
Correct Answer:
Verified
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