Describe at Least Three of the Cognitive Biases That Individual

question 27

Essay

Describe at least three of the cognitive biases that individual decision makers experience.Then describe a real or hypothetical situation for each of the three biases, explaining how the bias is evident in the situation.

Comprehend the dynamic relationship between public opinion and government policy.

Recognize strategies used by politicians to shape public opinion on moral and legal issues.

Understand the prevalence and impact of fake news in electoral politics.

Understand methods and challenges in public opinion polling, including effects like social desirability.

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Definitions:

Overhead Costs

The indirect expenses related to the operation of a business, such as rent, utilities, and administrative salaries, that are not directly tied to a specific product or service.

Pharmaceutical Distribution

The process of getting pharmaceutical products from the manufacturer to pharmacies, hospitals, and other end-points where they will be sold or dispensed.

IT Staff

Employees or team members responsible for managing and maintaining information technology and computer systems within an organization.

Sales Staff

Employees responsible for selling products or services and interacting with customers to achieve sales goals.