The Availability Heuristic Is a Rule of Thumb in Which

question 13

Multiple Choice

The availability heuristic is a rule of thumb in which ____.

• A)stimuli similar to a prototype are believed to be more likely than stimuli that are dissimilar to a prototype
• B)a higher value is placed on the more easily recognized alternative
• C)the frequency of an event's occurrence is predicted by the ease with which the event is brought to mind
• D)people choose between alternatives based on emotional or "gut" reactions to stimuli

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Definitions:

Psychological Contract

An unwritten set of expectations between an employee and employer regarding mutual rights and duties, influencing the nature of their working relationship.

Morale Problems

Issues related to the decline in confidence, enthusiasm, discipline, and satisfaction among members of a group or organization.

High Performance

The achievement of significantly better outcomes or higher efficiency levels than standard benchmarks or expectations.

Financial Capital

Financial capital refers to the funds that are available to invest in a business's operations, projects, or expansions, crucial for growth and development.