In Analyzing the Demographic Segment of the General Environment, One

question 112

Multiple Choice

In analyzing the demographic segment of the general environment, one typically examines all of the following factors EXCEPT:

• A) age structure.
• B) ethnic mix.
• C) distribution of income.
• D) cultural values.

---

Definitions:

Confirmation Bias

The tendency to search for, interpret, favor, and recall information in a way that confirms one’s preexisting beliefs or hypotheses.

Confirmation Bias

A cognitive bias that involves favoring information that confirms one's preexisting beliefs or hypotheses.

Satisficing

A decision-making strategy that involves choosing an option that meets a minimum level of satisfaction rather than the optimal solution.

Not-invented-here Bias

A mindset or culture within an organization that undervalues or disregards ideas, products, or solutions simply because they originate from external sources.