Which of the Following Is an Example of a Shortcut

question 86

Multiple Choice

Which of the following is an example of a shortcut used in judging others?

• A) hindsight bias
• B) confirmation bias
• C) stereotyping
• D) randomness error
• E) availability bias

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Definitions:

Asset Management

The process of developing, operating, maintaining, and selling assets in a cost-effective manner, commonly used in finance to refer to managing investments.

Profitability

The state or condition of yielding financial profit or gain, often measured as a ratio of net profits to total assets.

Breakeven Point

The point where revenues just equal costs.

Just-In-Time

A manufacturing strategy that aligns raw-material orders with production schedules to minimize inventory costs.