Peter, the owner of a local real estate agency, is even more committed to making the used copier, which he recently purchased, work even though it keeps jamming, and his employees have been telling him about other problems they have been having with the copier. The ______ affects Peter's decision making.
A. framing effect
B. narrow focus bias
C. anchoring and commitment bias
D. escalation of commitment bias
E. fog effect
D. escalation of commitment bias
You need to be aware of the escalation of commitment bias, whereby decision makers increase their commitment to a project despite negative information about it.
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Sasha’s job involves creating a widget from start to finish. She is given autonomy in how she creates the widget and is provided with regular feedback on the quality of her widgets. Sasha’s job has a ______ design.
A. mechanistic B. motivational C. biological D. perceptual-motor
Michael has decided to invest $40,000 in three types of funds. Fund A has projected an annual return of 8 percent, Fund B has projected an annual return of 10 percent, and Fund C has projected an annual return of 9 percent. He has decided to invest no more than 30 percent of the total amount in Fund B and no more than 40 percent of the total amount in Fund C. a. Formulate a linear programming model that can be used to determine the amount of investments Michael should allocate to each type of fund to maximize the total annual return.b. How much should be allocated to each type of fund? What is the total annual return?
What will be an ideal response?
According to research, when a woman leader encounters gender-leader stereotypes, her likely response ______.
A. is to ignore it if it is an isolated gender stereotype threat. B. is to push back more strongly if the threats are combined. C. is to seek support from a more powerful leader in the organization. D. is to display a vulnerable response if the threats are combined.
Motives include knowledge and positive or negative feelings about an object.
Answer the following statement true (T) or false (F)