What Is the Best Definition of Affect Heuristic

question 68

Multiple Choice

What is the best definition of affect heuristic?

• A) The tendency to focus on avoiding short-term losses, even at the expense of long-term gains.
• B) The tendency to avoid making a decision because you fear that the decision would have been less than optimal.
• C) The tendency to consider something that you own to be worth more than it would be if you did not own it.
• D) Confusion between real buying power and nominal buying power.
• E) The reliance on instinct instead of analysis in making decisions.

---

Definitions:

MBO System

Management by Objectives; a strategic management model where goals are defined for each employee and their performance is assessed based on those predefined objectives.

Graphics Rating Scale

A performance appraisal method using a scale to visually represent employee performance levels across various categories.

Neutralization

A theory suggesting individuals justify immoral actions by denying responsibility or harm, thereby neutralizing guilt or disapproval.

Maturation

The developmental process where an individual matures or reaches full functionality, often referring to physical, mental, or emotional development.