If Managers Believe That Their Abilities Can Reduce the Risks

question 14

Multiple Choice

If managers believe that their abilities can reduce the risks inherent in decision making to a much greater extent that they actually can,they might demonstrate ________ and trust only their own judgment rather than conduct sufficient analysis.

• A) agency problems
• B) reasoning by analogy
• C) managerial conceit
• D) escalation of commitment

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Definitions:

Human Dignity

The intrinsic worth and respect owed to every individual, recognizing their inherent value and rights.

Basic Rights

Fundamental entitlements and freedoms that individuals possess, which are often upheld and protected by legal systems.

Spotlight Questions

Questions that are designed to focus attention on specific issues, often used to guide interviews or discussions.

Public Disclosure

The act of making information or data known to the public, especially that which pertains to public interest.