Examlex
Which of the following would be an example of biological biasing in humans?
Interest Rate
The amount charged, expressed as a percentage of principal, by a lender to a borrower for the use of assets. It is calculated on an annual basis, known as the annual percentage rate (APR).
Management by Exception
A management strategy where supervisors intervene only when their subordinates' performance deviates significantly from standards, allowing managers to focus on more critical issues.
Priority Attention
The action of focusing efforts and resources on tasks or issues deemed most important or urgent at a given time.
After-Action Review
Formally examines results to identify lessons learned in a completed project or special operation. Such a process ought to be part of the organisation’s knowledge management process.
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