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An example of a financial transaction is
Divergent Thinking
A cognitive process used to generate creative ideas by exploring many possible solutions, often leading to novel or unconventional outcomes.
Bounded Rationality
A concept in decision-making that suggests individuals are limited in their ability to process information, leading to satisficing rather than optimal decisions.
Groupthink
A phenomenon in decision-making where the desire for consensus within a group can lead to poor choices and suppress dissenting viewpoints.
Divergent Thinking
A mental strategy or procedure aimed at fostering innovative ideas by investigating a wide range of possible options.
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