menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Exploring Management Study Set 1
  4. Exam
    Exam 4: Managers As Decision Makers: There Is No Substitute for a Good Decision
  5. Question
    The __________ Heuristic Occurs When People Adjust a Previously Existing
Solved

The __________ Heuristic Occurs When People Adjust a Previously Existing

Question 61

Question 61

Multiple Choice

The __________ heuristic occurs when people adjust a previously existing value to make a decision.*


A) escalating commitment
B) representativeness
C) anchoring and adjustment
D) availability

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q1: A common management problem when implementing decisions

Q13: What is the first step in the

Q42: The problem with the classical decision model

Q50: _ add value to organizations through their

Q57: In simple short terms,state the five steps

Q58: What is the fourth step in the

Q59: Sensation feelers prefer broad global issues.They are

Q70: Not all decisions are going to be

Q74: Managers who are problem solvers will make

Q76: The final step in the decision-making process

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines