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Cognitive dissonance has important ramifications for our behavior. It can motivate us to change a behavior that is not congruent with our beliefs, ethics or morals. However, there are several ways we can get rid of the discomfort of cognitive dissonance and not change our behavior. Discuss these and illustrate how they might be used by someone who drinks too much, knows it is dangerous and unhealthy, but does not want to quit.
Statement of Cash Flows
A financial report that shows the cash inflows and outflows for a business over a specific period, helping to assess its liquidity, solvency, and financial flexibility.
Top Down Plans
Planning approach that begins at the highest level of an organization and cascades down, where objectives, strategies, and plans are decided upon at the top and then implemented in successive layers below.
Bottom Up Planning
A planning approach that starts at the operational level, with each segment or department developing its own plans to contribute to the overall strategic goals of the organization.
Aggressive Optimism
A mindset or strategy characterized by a high degree of confidence and assertiveness in action or decision-making, often in the context of investments or business growth.
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