When Taking Risky Decisions, a Common Pitfall That the Managers

question 18

Multiple Choice

When taking risky decisions, a common pitfall that the managers face is:

• A) seeing too many possibilities.
• B) holding pessimistic beliefs.
• C) gathering too much information.
• D) relying on verbal expressions of probability.
• E) relying on the rules of thumb.

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Definitions:

Artifacts

Physical objects produced or shaped by human craft, especially tools, weapons, or ornaments of historical, archaeological, or cultural interest.

Determine Behavior

The factors or mechanisms that influence or dictate how an individual behaves in various situations.

Tibetan Plateau

An elevated plateau region in Asia, sometimes called the "Roof of the World," known for its high altitudes and significant impact on climate.

Continental Collision

A convergent plate boundary that involves the collision of two masses of continental crust.