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According to Carol Stack, How Did Residents of the Flats

question 5

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According to Carol Stack, how did residents of The Flats care for their children in the face of poverty?

Recognize the influence of cognitive biases on judgment and decision-making, including hindsight bias and the misapplication of heuristics.
Appreciate the importance of critical thinking as a reflective and methodical approach to problem-solving and decision-making.
Examine the impact of cognitive heuristics on everyday behavior and societal judgments.
Discuss the errors in judgment that can arise from the misapplication of specific heuristics.

Definitions:

Organizational Stories

Narratives shared within an organization that convey values, norms, and practices, often shaping the culture and identity of the organization.

Cynicism

An attitude characterized by skepticism towards motives or virtues of others, often accompanied by a general distrust of societal norms and values.

Reality

The state of things as they actually exist, independent of perception or beliefs.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to increased interconnectedness and interdependence of the world's markets and businesses.

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