Advising Managers to Be Sensitive to New Information and to Revise

question 74

Multiple Choice

Advising managers to be sensitive to new information and to revise prior judgments in light of new information reduces the effects of which of the following heuristics?

• A) Representativeness heuristic
• B) Availability heuristic
• C) Simulation heuristic
• D) Anchoring-and-adjustment heuristic
• E) Confirmation bias

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Definitions:

Seating Arrangement

The planned organization of seats or places for people in a room or venue.

Essential Message Points

Key pieces of information or arguments that are crucial to effectively convey the main message of a communication effort.

Screencasts

Recordings of activity on computer displays with audio voiceover.

Audio Voiceover

A production technique where a voice—that is not part of the narrative—is used in radio, television production, filmmaking, theatre, or other presentations.