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Which One of the Following Is Correct

question 93

Multiple Choice

Which one of the following is correct?

Identify and explain the roles of System 1 and System 2 in decision-making processes.
Recognize various cognitive biases and heuristics that influence human behavior and decision-making.
Analyze the impact of cognitive biases on personal and economic decisions.
Understand the concept of heuristics and its applications in daily life and decision-making.

Definitions:

Company Goals

Objectives set by a business to guide and motivate the organization's efforts towards desired outcomes.

Social Norms

Rules of behavior that are considered acceptable in a group or society, guiding individual actions without the force of laws.

Business Operations

The day-to-day activities necessary for a business to function efficiently, including managing resources, production, and delivering goods or services.

Interpersonal Skills

Abilities used to effectively communicate, interact, and work with individuals and groups.

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