Albert Is the Manager of a Large Retail Store, with the Authority

question 103

Multiple Choice

Albert is the manager of a large retail store, with the authority to hire employees. The store does not have a specialized human resource executive, and Albert himself conducts selection interviews. Albert has not received any training on selection and recruitment. Albert interviews people mainly to analyze if they have ability to address the latest problem that the store is facing. Identify the bias facing Albert in this case.

• A) Anchoring
• B) Representativeness
• C) Framing
• D) Contrast
• E) Recency

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Definitions:

Bundle of Rights

The various rights an individual has with respect to owning property, including the right to use, sell, lease, and enjoy the property.

Life Estates

A legal arrangement where an individual is granted the rights to live in or use a property for the duration of their lifetime, after which the property reverts to another designated party.

Ownership

The legal right or title to possess and use property, goods, or intellectual assets, often associated with certain responsibilities and benefits.

Land

A portion of the earth's surface that is considered property and can include buildings and natural resources.