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Name two outcomes of globalization that changed how and where work gets done.
Behavioral Economics
A method of economic analysis that applies psychological insights into human behaviour to explain economic decision-making.
Self-Serving Bias
Self-serving bias is the tendency to attribute positive events to one's own character but attribute negative events to external factors, affecting judgment and decision-making.
Planning Fallacy
The optimistic cognitive bias that leads individuals or teams to underestimate the time, costs, and risks of future actions, while overestimating the benefits.
Overconfidence Effect
A cognitive bias where people overestimate their own abilities, knowledge, or predictions.
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Q17: Name two outcomes of globalization that changed
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