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A recent survey of 200 small firms (annual revenue less than $10 million) asked whether an increase in the minimum wage would cause the firm to decrease capital spending.Possible responses to the survey question were: "Yes," "No," or "Don't Know." This data is best classified as ___________.
Perceptual Defense
The psychological mechanism that enables individuals to see, hear, or become conscious of information in a way that protects their ego or self-concept.
Self-Concept
An individual's understanding and perception of themselves, encompassing their beliefs, attitudes, and perceptions of their abilities and attributes.
Bad News
Information that is unwelcome, disappointing, or distressing, the delivery of which requires sensitivity and often necessitates careful communication strategies.
Rational Decision Making
A structured or systematic approach to decision making that follows a logical, step-by-step process of identifying and evaluating alternatives and selecting the most favorable outcome from among them.
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