After Graduating from University Your Are Planning to Get a Job

question 16

Multiple Choice

After graduating from university your are planning to get a job as an accountant.Your best friend Jay is planning on opening his own restaurant.He says he has thought a great deal about this and believes he will be very successful and it is a good decision.You explain to him the fact that most new restaurants fail,but it does not factor into Jay's decision.What does this demonstrate?

• A)Base rates
• B)Anchoring effect
• C)Perceptual defence
• D)Sunk costs
• E)Hindsight

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Definitions:

Participant's Behavior

Actions or conduct displayed by individuals taking part in a study, event, or activity, often observed to gather data or insights.

Agenda Progress

The advancement in discussing or completing the items listed on an agenda during a meeting or conference.

Negative Attitudes

A mindset or disposition that leans towards pessimism, criticism, or opposition, often affecting behavior and perception.

Energizing Delivery

Delivering a speech or presentation in a dynamic and engaging manner to capture and maintain the audience's interest.