Which of the Following Statements Is True of Contingency Planning

question 145

Multiple Choice

Which of the following statements is true of contingency planning?

• A) It involves planning for a five-year time frame.
• B) It solely considers factors of the internal business environment.
• C) It focuses solely on the issues that are most probable, most potentially harmful, or both.
• D) It applies tactical plans to daily, weekly, and monthly operations.

Identifying factors that influence creativity and innovative decision-making.

Understanding the concept of escalating commitment and how to avoid its trap.

Recognizing the importance of questioning assumptions to enhance creativity.

Understanding the impact of cognitive errors like framing, confirmation, and representativeness biases on decision-making.

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Definitions:

Kelley's Covariation Model

A theory that explains how individuals attribute cause to behavior based on the consistency, distinctiveness, and consensus of the observed action.

High Distinctiveness

Describes situations or attributes that stand out significantly from others, making them more noticeable or memorable.

Bradley Cooper Movie

Refers to any film featuring Bradley Cooper, an American actor known for his roles in various genres of movies.

Mirror Neurons

Neurons that fire both when an individual acts and when the individual observes the same action performed by another, believed to play a role in understanding others' actions, intentions, and emotions.