At the ______________ Level,of a Business Structure,employees Are Continuously Evaluating

question 152

Short Answer

At the ______________ level,of a business structure,employees are continuously evaluating company operations to hone the firm's abilities to identify,adapt to,and leverage change.

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Definitions:

Fixedness

A cognitive bias that limits a person to using an object only in the way it is traditionally used.

Heuristics

Mental shortcuts or rules of thumb that simplify decision making and problem solving, although not always perfectly accurate.

Creativity

The ability to produce original and unusual ideas, or to make something new or imaginative.

Sunk-Cost Fallacy

A cognitive error where past investments of time, effort, or money are taken into account when making a decision, even though they cannot be recovered.