Nicole and Other Managers in Her Firm Have Some Ties

Multiple Choice

Nicole and other managers in her firm have some ties to Europe and are investigating opportunities for global expansion.They are struggling to understand the risks, given the complexity of world markets today and recent global instabilities.The difficulty Nicole's team is facing prevents perfectly rational decision making, and is an example of

A) risk aversion.
B) bounded rationality.
C) groupthink.
D) defensive avoidance.
E) anchoring and adjustment.