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A Participatory Budget Is Developed by Both Top Management and Operating

question 40

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A participatory budget is developed by both top management and operating personnel.


Definitions:

Bias

A tendency, inclination, or prejudice towards or against something or someone, often in a way considered to be unfair.

Anchoring

Tendency to rely heavily on one prior (suggested) piece of information when making a decision.

Decisions

The process of making choices among various alternatives to achieve a desired outcome.

Suggestions

Recommendations or pieces of advice aimed at proposing a course of action.

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