Examlex
Managers today should be __________.
Probabilities
The measure of the likelihood that an event will occur, expressed as a number between 0 and 1.
Decision Making
The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.
Error Management Theory
This evolutionary psychology theory suggests that humans are biased toward making the type of error that is less costly in terms of evolutionary fitness.
Interpretations
The act of explaining or making sense of information, events, or behaviors, often influenced by one's personal perspective or theoretical framework.
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