The ________ describes how decision makers fixate on initial information as a starting point and then, once set, fail to adequately adjust for subsequent information.
A. anchoring effect
B. selective perception effect
C. confirmation bias
D. framing bias
Answer: A
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When you're appraising employee performance, ________ to support any decisions that need to be made about pay, promotions, or termination
A) write down your frustrations B) document performance problems C) evaluate each employee differently D) focus on each employee's faults and shortcomings E) compare each employee to coworkers
The purpose of the introduction of 3M Post-it Flag Highlighters was to
A. help college students with their studying. B. increase production economies of scale by reducing manufacturing and marketing costs for Post-it Flags and Post-it Notes. C. stay ahead of trends and focus its marketing program on only one segment. D. stay ahead of trends and focus its marketing program on two mutually inclusive segments. E. preempt a competitive move by Sanford's Sharpie to introduce a similar product.
Discuss and exemplify how the words we choose can influence how our audience connects with us.
What will be an ideal response?
A retailer's success in reaching particular performance standards is best measured by _____
a. several key business ratios b. the strategic profit model c. asset turnover d. the profit-and-loss statement