Steve Works in Purchasing for the Department of the Army

question 198

Multiple Choice

Steve works in purchasing for the Department of the Army on the east coast.He arrives at work at 6:00 A.m.and leaves by 3:00 p.m.He enjoys this schedule because he is an early riser.A disadvantage to the government in allowing Steve to use flextime is:

• A)morning workers are never as productive as afternoon workers.
• B)there is a 1 hour window of opportunity to talk with defense contractors on the west coast,who work 8:00 a.m.- 5:00 p.m.
• C)this system will increase absenteeism.
• D)the government is required to hire twice as many people and spend additional funds training these individuals.

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Definitions:

Anchoring Bias

A cognitive bias where an individual depends too heavily on an initial piece of information (the "anchor") when making decisions.

Escalating Commitment

A behavioral pattern where an individual or organization continues to follow a failing course of action due to emotional attachment or the desire to justify prior investments.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making by reducing complex problem-solving to simpler judgment processes.

Cost-benefit Impact

An assessment that compares the costs involved in an action to the benefits derived from it, used to determine its overall value and feasibility.