Which of the Following Is a Reason for the Impact

question 23

Multiple Choice

Which of the following is a reason for the impact bias?

• A) People overestimate their resilience.
• B) People think that others will cope better than they will.
• C) People focus on all the life experiences rather than on the single event in question.
• D) People focus on the single event in question and fail to take into account the effects of other life experiences.

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Definitions:

Operations Management

The administration of business practices aimed at ensuring maximum efficiency within a company, focusing on converting materials and labor into goods and services as effectively as possible.

Inputs

The resources—such as labor, money, materials, and energy—that are converted into outputs.