The So-Called "Planning Fallacy" Is Probably a Result of the Fact

question 193

Multiple Choice

The so-called "planning fallacy" is probably a result of the fact that people adopt a(n) ____.

• A) optimistic mindset when setting goals, but a realistic mindset when striving toward goals
• B) pessimistic mindset when setting goals
• C) optimistic mindset when setting goals
• D) optimistic mindset when striving toward goals

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Definitions:

Corporate Taxes

Taxes imposed on the income or profit of corporations and businesses by the government.

Profit Margin

The portion of revenue that remains after paying all expenses, indicating the financial health and profitability of a business.

Outside Directors

Board members who are not part of the company's executive team, providing independent oversight.

Board Of Directors

A group of individuals elected to represent shareholders and oversee the management and policy decisions of an organization.