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Cognitive Busyness-------------------Stereotype Activation And-------------------Stereo- Type Application

question 148

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Cognitive busyness-------------------stereotype activation and-------------------stereo- type application.


Definitions:

Not-invented-here Bias

A cognitive bias in organizations and individuals that undervalues or dismisses innovations or solutions that originated elsewhere.

Organizational Efforts

The collective actions and strategies employed by an organization to achieve its goals and objectives.

Sunk Costs

Permanent losses of resources incurred as the result of a decision.

Economic Considerations

The factors related to the financial implications of decisions, including costs, benefits, and the overall impact on financial health.

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