Examlex
________ is dominated by a desire to improve operations in order to produce goods and services at the lowest possible cost and at the highest value for the customer.
System II
A cognitive unit or system in psychology that is responsible for deliberate, analytical, and effortful decision-making processes.
Confirmation Bias
The tendency to take evidence that’s consistent with your beliefs more seriously than evidence inconsistent with your beliefs.
Availability Heuristic
The availability heuristic is a cognitive bias that relies on immediate examples that come to mind when evaluating a specific topic, concept, method, or decision.
Representativeness Heuristic
A cognitive shortcut that people use to classify something as belonging to a certain category based on how similar it is to a typical case from that category.
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