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Business Decisions
The choices made by the management of a company regarding strategic planning, operations, and policies.
Overconfidence
Overconfidence refers to the tendency of individuals to overestimate their own abilities, knowledge, or predictions, often leading to suboptimal decision-making.
Over-Optimism
A bias where individuals or companies have excessively positive expectations about future events or outcomes.
Confirmation Bias
The inclination to seek out, comprehend, prefer, and remember information that validates one’s already held beliefs or theories.
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