A Time Zone on Earth, Defined for Convenience as the Region

question 30

Multiple Choice

A time zone on Earth, defined for convenience as the region over which civil time is the same at all locations, extends over what range of longitude, on average?

• A) 90°
• B) 15°
• C) 1°
• D) 30°

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Definitions:

Faulty Hindsight

The misjudgment of the reasons behind past decisions based on the outcome rather than on the information available at the time.

Sunk Costs

Costs that have already been incurred and cannot be recovered, which should not influence future business or personal decisions.

Escalated Commitment

A pattern of behavior in which an individual or group continues to rationalize their decisions, invest additional resources, and follow a failing course of action.

Risky Shift

The tendency for groups to make riskier decisions than the average risk initially advocated by their individual members.