The Conclusion to Be Drawn from Research on Hindsight Bias

question 2

Multiple Choice

The conclusion to be drawn from research on hindsight bias is that our common sense is usually

• A)wrong.
• B)wrong,after the fact.
• C)right.
• D)right,after the fact.

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Definitions:

CRM System

Customer Relationship Management system; a technology for managing all your company's relationships and interactions with customers and potential customers.

Knowledge Management

The process of capturing, distributing, and effectively using knowledge within an organization.

Virtual Office

A service that provides a business with a physical address and office-related services without the need for a dedicated physical space.

Efficient

Achieving maximum productivity with minimum wasted effort or expense, often relating to the effective operation of a process or system.