According to the Text, the Procedure of "Anchoring and Adjustment

question 19

Multiple Choice

According to the text, the procedure of "anchoring and adjustment:"

• A)often leads to biased estimates.
• B)usually leads to correct estimates without rational calculations.
• C)describes people who are dogmatic in their views but change when new data comes.
• D)explains why people tend to succeed at new business ventures.

---

Definitions:

Projection

A defense mechanism where individuals attribute their own undesirable thoughts, feelings, or motives onto someone else.

Defence Mechanism

Psychological strategies brought into play by individuals to protect themselves from unacceptable thoughts or feelings.

Critical

Having a crucial or decisive importance in the success, failure, or existence of something.

Loving

An intense feeling of deep affection, care, and attachment towards someone or something, often characterized by emotional warmth and a desire for close bonds.