Which heuristic is defined as a shortcut that bases a decision on our existing mental prototype and similar stereotypes?

A. availability
B. confirmation
C. representativeness
D. anchoring and adjustment


C. representativeness

Business

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A project’s standard deviation is ______.

a. the square of the project’s variance b. the mean of the project’s variance c. the square root of the project’s variance d. the mode of the project’s variance

Business

In the context of the role of cultural understanding in international management practice, identify a true statement about managers who have a cosmopolitan perspective.

A. They tend to look down on groups that are considered "foreign." B. They are less tentative and more absolute in their interactions with others. C. They have little appreciation for cultural differences. D. They recognize that culture and behavior are relative.

Business

Which of the following is a source of long-term funds?

A) commercial paper B) retained earnings C) factoring D) money market instruments

Business

The number of observations will always be the same as the

a. number of variables. b. number of elements. c. population size. d. sample size.

Business