Which of the Following Purchases Would Most Likely Involve Extensive

question 86

Multiple Choice

Which of the following purchases would most likely involve extensive decision making?

• A) Scheduling an annual dentist appointment
• B) Buying a new towel rack for your bath
• C) Purchasing a birthday gift for a friend
• D) Renewing a magazine subscription
• E) Purchasing a condominium

---

Definitions:

Creativity

The ability to generate or recognize ideas, alternatives, or possibilities that may be useful in solving problems, communicating with others, and entertaining ourselves and others.

Novel Idea

A new, original, or innovative concept that has not been thought of before.

Unique Approach

A distinctive method or way of dealing with problems, carrying out tasks, or achieving objectives that sets it apart from others.

Anchoring and Adjustment Bias

A cognitive bias where an initial piece of information (anchor) significantly influences subsequent judgments or decisions.