Managers tend to give more weight to more recent behavior. This is due to the
A. heuristic bias.
B. halo effect.
C. recency effect.
D. availability bias.
E. representativeness bias.
D. availability bias.
Managers tend to give more weight to more recent behavior. This is because of the availability bias, whereby managers use information readily available from memory to make judgments.
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Indicate whether the statement is true or false
The Consumer Product Safety Commission enforces the:
a. Federal Hazardous Substances Act. b. Flammable Fabrics Act. c. Refrigerator Safety Act. d. All of these. e. None of these.
A small self-service store that is open long hours and carries a narrow product assortment in convenient locations is best described as a
A. discount store. B. department store. C. convenience store. D. supermarket. E. category killer.
The journal entry to record the receipt of cash from credit clients would include:
A. a debit to Fees Income and a credit to Cash. B. a debit to Cash and a credit to Accounts Receivable. C. a debit to Cash and a credit to Fees Income. D. a debit to Accounts Receivable and a credit to Cash.