An External Information Search Is Especially Important When

question 143

Multiple Choice

An external information search is especially important when:

• A) there is a great deal of past experience
• B) there are high costs associated with making an incorrect decision
• C) the cost of gathering information is high
• D) buying frequently purchased,low-cost items
• E) there is little risk of making an incorrect decision

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Definitions:

Prejudiced Attitudes

Negative biases or preconceived notions held against individuals or groups based on their characteristics such as race, gender, or ethnicity.

Workplace Discrimination

Unfair treatment of employees or job applicants based on race, gender, age, religion, disability, or other protected characteristics rather than merit or performance.

Hiring Practices

The methods and procedures employed by organizations in recruiting and selecting employees.

Proportion

A relationship between two quantities indicating how many times the first number contains the second.