Multiple Choice
Rupert, who leads the design team in an automobile firm, decides not to invest in a particular technology that helps to improve the fuel efficiency of cars, as other automobile companies who had invested in similar technologies had not achieved much success. The type of decision-making error made by Rupert is known as _____.
A) availability bias
B) confirmation error
C) adjustment bias
D) lack-of-participation error
E) representativeness bias
Correct Answer:

Verified
Correct Answer:
Verified
Q65: A performance opportunity offers a chance for
Q66: Which of the following is NOT a
Q67: The availability bias bases a decision on
Q68: Adriana is not keen on collecting facts
Q69: Organizations can collect data from social media,
Q71: The marketing manager of a firm receives
Q72: Yousuf, a manager at a restaurant, has
Q73: Deepak tends to emphasize the impersonal and
Q74: Data visualization and executive dashboards help explain
Q75: _ is the process of identifying a