Which of the Following Can Be Defined as the Tendency

question 94

Multiple Choice

Which of the following can be defined as the tendency to overestimate the effect of a single factor on one's life satisfaction?

• A) planning fallacy
• B) Pygmalion effect
• C) horns effect
• D) focusing illusion

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Definitions:

Venture

An undertaking that is typically risky but offers the potential for significant rewards, often associated with new businesses or startups.

Capital

Wealth in the form of money or other assets owned by a person or organization or available for purposes such as starting a company or investing.

Equity Investment

involves purchasing shares of a company, thus obtaining ownership interest in that company.

Management Team

A group of individuals at the top level of an organization who are responsible for its overall direction and strategy.