Which of the Following Is Not True When Explaining Why

question 81

Multiple Choice

Which of the following is not true when explaining why productivity tends to be lower in the service sector than in the manufacturing sector?

• A) Services are typically labor-intensive.
• B) Services are often difficult to evaluate for quality.
• C) Services are often an intellectual task performed by professionals.
• D) Services are difficult to automate.
• E) Service operations are typically capital intensive.

Differentiate between various cognitive biases such as confirmation bias, framing effect, availability heuristic, and representativeness heuristic.

Recognize the influence of cognitive biases in everyday situations.

Explain the concept of belief perseverance and methods to reduce its effects.

Identify strategies for overcoming fixation and enhancing creativity in problem-solving.

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Definitions:

Ownership

The state or fact of exclusive rights and control over property, which can be an object, land/real state, intellectual property, or something else.

Quitclaim Deed

A deed that carries no warranties. The grantor simply conveys whatever interests he or she holds.

General Warranty Deed

A deed containing a covenant in which the seller agrees to protect the buyer against being dispossessed because of any adverse claim against the land.

Quitclaim Deed

A legal document transferring a person's interest in real property without guaranteeing its clear title.