Your Director Stresses the Value of Making a Decision on Initial

question 103

Multiple Choice

Your director stresses the value of making a decision on initial information.She insists that what is initially considered in the decision-making process should be weighed as most important throughout the implementation of the decision.She has instructed you to ignore any subsequent information that you find since the decision was made.This is an example of

• A)risk aversion.
• B)an overconfidence bias.
• C)escalation of commitment.
• D)the anchoring bias.
• E)making an optimal decision.

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Definitions:

Social Behaviors

Actions within a species that are directed to, or influenced by, other members of the same species.

Preschool

An educational establishment or learning environment for children prior to the commencement of compulsory education at primary school.

Engage

To participate or become involved in an activity or interaction with others.

Freud

Known as the father of psychoanalysis, he developed theories about the unconscious mind, the structure of personality, and the role of sexuality in human psychology.