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When Business Managers Fail to Objectively Evaluate the Odds of Success

Question 65

Multiple Choice

When business managers fail to objectively evaluate the odds of success for their decisions and believe that they can influence the events that follow a decision,it is an example of which of the following psychological biases?


A) Illusion of control
B) Framing effects
C) Discounting the future
D) Time pressure
E) Social realities

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