Szandór is a small business owner who thinks it is more important to spend money on marketing his current product line than to invest in research to develop new products. Which psychological bias is Szandór displaying?

A. illusion of control
B. cognitive conflict
C. affective conflict
D. framing effects
E. discounting the future


Answer: E

Business

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Germany's Mittelstand companies have been extremely successful pursuing:

A) cost leadership. B) differentiation. C) cost focus. D) focused differentiation. E) cost differentiation.

Business

“You’ll get over it” is an example of which type of defensive message?

A. strategic B. neutral C. controlling D. evaluative

Business

Which of the following is INCORRECT?

a. Awareness training needs to go beyond just teaching about differences. b. Diversity should be linked to task assignments. c. Diversity may lead to conflict. d. Diversity may lead to distrust.

Business

Janie a farmer sellers a dozen ears of corn to her neighbor for $1/dozen

a. $0.08 each

b. $0.12 each

c. $0.06 each

d. $0.04 each

e. $0.20 each

Business