Which of the Following Represents a Cost of Instituting a Diversity

question 26

Multiple Choice

Which of the following represents a cost of instituting a diversity management system?

• A)decreased productivity and employee efficiency
• B)decreased effectiveness and productivity of teams
• C)increased cost of hiring outside consultants
• D)increased cost to develop appropriate evaluation and reward systems

Identify errors in reasoning and judgment, such as overlooking base-rate information or the influence of representativeness heuristic.

Define critical thinking and its importance in evaluating evidence and making conclusions.

Describe the concept of the sunk cost effect and its influence on decision-making behavior.

Understand the role of confirmation bias in affecting judgment and decision-making.

---

Definitions:

ADP

Adenosine diphosphate, a molecule involved in energy transfer within cells, that is converted to ATP during cellular respiration.

Thromboxanes

Lipid compounds that play a role in the blood clotting process by causing platelets to clump and blood vessels to constrict.

Fibrinogen

A soluble plasma glycoprotein that is converted to fibrin by thrombin during blood clot formation.

Plasmin

Enzyme derived from plasminogen; dissolves clots by converting fibrin into soluble products.