A Behavioral Approach That Evaluates the Impact on a Firm's

question 82

Multiple Choice

A behavioral approach that evaluates the impact on a firm's return through simultaneous changes in a number variables of a project is called ________.

• A) sensitivity analysis
• B) scenario analysis
• C) simulation analysis
• D) Monte Carlo simulation

---

Definitions:

Group Mind

McDougall’s idea that people adopt a qualitatively different mode of thinking when in a group.

Social Cognition

How people process, store, and apply information about others and social situations, influencing their perceptions, attitudes, and behaviors.

Cognitive Miser

A term from social psychology that describes individuals' tendency to conserve mental energy by simplifying complex information through heuristics.

Manipulation and Transfer

Techniques used in research or applied contexts to explore the causality of variables or to apply knowledge or skills learned in one context to another.