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In a Short Essay,explain the Decision Errors and Biases That

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Essay

In a short essay,explain the decision errors and biases that managers make.Give simple examples for each to illustrate your answers.


Definitions:

Document Properties

Metadata associated with a document, such as author, title, subject, and keywords, which can be used for organizing, searching, and managing documents more efficiently.

Enhanced ScreenTips

A feature in Microsoft Office applications that displays additional information about a command or option when you hover over its button.

Requirements Document

A detailed explanation of the system, application, or product specifications and functionalities as demanded by the stakeholders or clients.

Workbook

A file containing one or more spreadsheets, used in applications like Microsoft Excel.

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