Which of the Following Biases Is Defined as the Tendency

question 6

Multiple Choice

Which of the following biases is defined as the tendency to exaggerate,after learning an outcome,one's ability to have foreseen how something turned out?

• A)hindsight bias
• B)impact bias
• C)omission bias
• D)projection bias

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Definitions:

Sources Of Change

Various factors or entities that initiate or drive alterations within an organization, market, or environment, including technological advancements, market trends, or legislative changes.

Globalization

The process of interaction and integration among people, companies, and governments worldwide, often resulting in global economic policy and cultural exchange.

Mismanagement

The ineffective, inefficient, or detrimental handling of administrative and organizational tasks, often leading to adverse effects on the entity's operations.

Effectiveness

The degree to which objectives are achieved and targeted problems are solved, often used as a measure of success in various contexts.