The Authors of Your Text Explain That People Tend to Overestimate

question 187

Multiple Choice

The authors of your text explain that people tend to overestimate how bad they will feel if a negative event were to happen to them.This tendency is called

• A)the rationalization trap.
• B)cognitive dissonance.
• C)self-affirmation.
• D)the impact bias.

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Definitions:

Negligent

Failure to take proper care in doing something, leading to damage or harm to another person.

Agency

A relationship between two parties, where one, the agent, is authorized to act on behalf of the other, the principal, in legal or business matters.

Modern Firms

Refers to contemporary businesses characterized by innovative practices, technology use, and agile structures.

Foreign Countries

Nations or territories outside one's own country, governed by distinct legal, political, and cultural systems.