Josephine Is About to Graduate from College and Is Excited

question 9

Multiple Choice

Josephine is about to graduate from college and is excited about joining her two roommates to start a small coffee shop near campus.She has never started a business before,but she is sure that her business degree has taught her everything she needs to know.The three of them have enough money for their initial costs and figure that they can cover their expenses with the cash flow from the business.Which heuristic is probably involved?

• A) representativeness
• B) anchoring
• C) availability
• D) fundamental attribution error
• E) overconfidence

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Definitions:

Job Satisfaction

is the degree to which employees feel content with their jobs, including aspects such as the nature of the work, compensation, and work conditions.

Organizational Productivity

The measure of how efficiently and effectively a company or organization utilizes its resources to achieve its goals.

Personal Accountability

The willingness of an individual to take responsibility for their actions and outcomes, and to transparently communicate failures and mistakes.

Individual Interests

Personal goals, desires, or activities that an individual finds satisfying or meaningful.