A Meandering Stream Is One That Is

question 46

Multiple Choice

A meandering stream is one that is

• A)closed in terms of energy and matter input.
• B)delicately balanced between equilibrium and chaos.
• C)completely unstable.
• D)completely stable.

Understand the principles of causality and the limitations of certain research methods in establishing cause-effect relationships.

Identify the concepts of testability and parsimony as critical features of scientific theories and research.

Understand the concept of globalization of operations including examples and strategies.

Recognize the importance of key success factors (KSFs) in achieving competitive advantage.

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Definitions:

Availability Heuristic

The availability heuristic is a cognitive bias that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.

Representativeness Heuristic

A cognitive shortcut that people use to classify something as belonging to a certain category based on how similar it is to a typical case from that category.

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one's preexisting beliefs or hypotheses.

Cognitive Shortcuts

Mental strategies or heuristics that simplify decision making by reducing the amount of processing required to come to conclusions.