Two Biases of Intuition Discussed in the Text Are

question 10

Multiple Choice

Two biases of intuition discussed in the text are:

• A)being swayed by a good story and being persuaded by what comes easily to mind.
• B)the present/present bias and the confederate bias.
• C)probabilistic thinking and nonintuitive thinking.
• D)overconfidence bias and oversimplification bias.

---

Definitions:

Quality Supplies

Materials or goods of high standard or grade used in the production of products or in the provision of services.

Virtual Organization

A structure enabled by digital technologies that allows individuals or entities across different locations to collaborate and function as a single entity.

Strategic Alliances

Strategic alliances are agreements between two or more parties to pursue a set of agreed-upon objectives while remaining independent organizations.

Information Technology Utilization

The process of deploying and using information and communication technologies effectively in various operations and activities.