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What Is Anchoring Bias

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What is anchoring bias?


Definitions:

Volatile Relationships

Relationships characterized by rapid, unpredictable changes in sentiment, potentially leading to conflicts or instability.

Family Relationships

The connections, both biological and emotional, among members of a family unit.

Family Businesses

Enterprises owned and operated by one or more family members who are involved in the day-to-day management and decision-making processes.

IBM's Cross-Team

Collaborative efforts across different groups within IBM to achieve common goals, enhancing organizational effectiveness.

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