The Work Incentive of the Staff of Both the Conventional

question 75

True/False

The work incentive of the staff of both the conventional and Islamic MFIs is mainly monetary gains from salary.

Identify and explain the use of various decision-making models, including single-feature, additive, elimination by aspects, and availability heuristics.

Distinguish between mental set and functional fixedness, and understand how each affects problem-solving.

Explain the role of heuristics, such as the representativeness and availability heuristics, in influencing judgment.

Recognize the influence of cognitive biases, such as confirmation bias and the fallacy of positive instances, on decision-making and judgment.

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Definitions:

Preconceived Categories

Initially established classifications or groups into which data are sorted based on prior assumptions or theories, often used in qualitative research.

Focus Groups

A qualitative research technique involving guided discussions with a small group of people to explore their perceptions on a particular topic.

Human Communication

The process through which individuals convey meanings through the exchange of verbal or non-verbal messages.

Focus Group

Small group of people brought together to discuss a topic of interest to the researcher.